What can cause uncertainty in demand and forecasting


Assignment:

In 2 to 3 paragraphs, state what you have learned about inventory management and forecasting from the materials and discussions.

What can cause uncertainty in demand and forecasting?

References:

Axsater, Sven. (2015). Inventory Control. (3rd ed.). New York: Springer.

Kumar, Abhishek. (December 21, 2012) Demand Forecast Process and Inventory Management.

Axsater, S. (2015). Inventory Control (3rd ed.). Switzerland: Springer International Publishing.

Coyle, J., Langley, C., Novack, R. and Gibson, B. (2013). Supply Chain Management. Boston, Massachusetts: Cengage Learning

 

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Microeconomics: What can cause uncertainty in demand and forecasting
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