"Inventory Analytics provides a comprehensive and accessible introduction to the theory and practice of inventory control – a significant research area central to supply chain planning. The book outlines the foundations of inventory systems and surveys prescriptive analytics models for...

Forecasting demand and determining safety stocks are key aspects of supply chain planning. Demand forecasting involves predicting future demand for a product or service using historical data and other external and internal drivers. Stockouts and excess production can be reduced by accurately...