Review of selected measures describing demand
Quantitative reasoning based on the demand history of a good is necessarily linked to the statistical analysis of the data. In this paper, the analysis of historical demand data has been carried out with the use of measures such as: the percentile and the quartile, measures of central tendency, measures of dispersion. A given set of […]
Explore moreSafety Stock
The stock maintained to ensure the adopted level of customer service is called the safety stock [Krzyżaniak 2008; Klimczak 2001]. In the literature, this stock is also defined as a part of the stock created in order to protect against the occurrence of higher demand than planned or to extend the delivery time of an […]
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