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1.4.5 Summary

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The material presented in this book reflects the authors' emphasis on robust solutions that may perform well under a wide range of differing conditions. We present the state of the art in intermittent demand forecasting, paying particular attention to the interface between forecasting and stock control. There is a very considerable market for the application of those methods, and this can only expand as more highly granular data become available.

Intermittent Demand Forecasting

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