Demand Forecasting: A Case Study in the Food Industry

被引:3
|
作者
Silva, Juliana C. [1 ]
Figueiredo, Manuel C. [2 ]
Braga, Ana C. [2 ]
机构
[1] Univ Minho, Sch Engn, DPS, Braga, Portugal
[2] Univ Minho, ALGORITMI Ctr, P-4710057 Braga, Portugal
关键词
Forecasting demand; Exponential smoothing; ARIMA; Combining forecasts; COMBINATION; SALES;
D O I
10.1007/978-3-030-24302-9_5
中图分类号
TP301 [理论、方法];
学科分类号
081202 ;
摘要
The use of forecasting methods is nowadays regarded as a business ally since it supports both the operational and the strategic decision-making processes. This paper is based on a research project aiming the development of demand forecasting models for a company (designated here by PR) that operates in the food business, more specifically in the delicatessen segment. In particular, we focused on demand forecasting models that can serve as a tool to support production planning and inventory management at the company. The analysis of the company's operations led to the development of a new demand forecasting tool based on a combination of forecasts, which is now being used and tested by the company.
引用
收藏
页码:50 / 63
页数:14
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