forecast demand

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• Demand forecasting — is the activity of estimating the quantity of a product or service that consumers will purchase. Demand forecasting involves techniques including both informal methods, such as educated guesses, and quantitative methods, such as the use of… …   Wikipedia

• demand — {{Roman}}I.{{/Roman}} noun 1 firm request ADJECTIVE ▪ legitimate, realistic, reasonable ▪ I think your demand for a higher salary is perfectly reasonable. ▪ outrageous, unrealistic …   Collocations dictionary

• Demand sensing — is a next generation forecasting method that leverages new mathematical techniques and near real time information to create an accurate forecast of demand, based on the current realities of the supply chain. The typical performance of demand… …   Wikipedia

• Demand chain management — is aimed at managing complex and dynamic supply and demand networks.[1] (cf. Wieland/Wallenburg, 2011) Demand chain management is the management of upstream and downstream relationships between suppliers and c …   Wikipedia

• Demand flow technology — (DFT) is a strategy to define and deploy business processes in a flow, driven in response to customer demand. DFT is based on a set of applied mathematical tools that are used to connect processes in a flow and link it to daily changes in demand …   Wikipedia

• Demand leveling — is the deliberate influencing of demand itself or the demand processes to deliver a more predictable pattern of customer demand. Some of this influencing is by manipulating the product offering, some by influencing the ordering process and some… …   Wikipedia

• Demand Solutions — Type Supply chain management software Founded 1985 Headquarters St. Louis, Missouri United States Area served Americas, EMEA, Asia Pacific Key peo …   Wikipedia

• forecast — ▪ I. forecast fore‧cast 1 [ˈfɔːkɑːst ǁ ˈfɔːrkæst] noun [countable] ECONOMICS a description of what is likely to happen in the future, based on information that is available now: • The figures for 2001 are forecasts, the others are actuals. • a… …   Financial and business terms

• Forecast error — In statistics, a forecast error is the difference between the actual or real and the predicted or forecast value of a time series or any other phenomenon of interest. In simple cases, a forecast is compared with an outcome at a single time point… …   Wikipedia

• forecast — {{Roman}}I.{{/Roman}} noun ADJECTIVE ▪ good, optimistic ▪ gloomy, pessimistic ▪ conservative ▪ accurate, correct …   Collocations dictionary

• Calculating Demand Forecast Accuracy — upply Chain forecastingUnderstanding customer demand is key to any manufacturer to make and keep sufficient long lead inventory so that customer orders can be correctly met. Forecasts are never perfect but are valuable in better preparedness for… …   Wikipedia