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1.2.5 Summary

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More accurate forecasting of intermittent demand presents organisations with a distinct opportunity to reduce costs and address major issues on their environmental agenda. In the after‐sales context, intelligent intermittent demand forecasting is of paramount importance, as many items have demand patterns that are intermittent in nature. Other inventory settings that are dominated by spare parts (e.g. the military, public utilities, and aerospace) would also benefit directly from more accurate intermittent demand forecasting methods.

Intermittent Demand Forecasting

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