Abstract
How important is it for a manufacturing company to be able to predict the demand of their products? How much will it lose in inventory costs due to a bad forecasting technique? And what if the product in question is composed of more than 100,000 parts and costs millions of euros a piece? This article summarises the reasoning followed by a European manufacturer to determine the demand curve of finished offshore wind turbines and how to forecast it for the purpose of production planning.
| Original language | English |
|---|---|
| Journal | DILF Orientering |
| Pages (from-to) | 32-35 |
| Number of pages | 4 |
| ISSN | 1600-2873 |
| Publication status | Published - Apr 2014 |
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