Demand forecast of a product family on different hierarchies

• Main Author: Ong, Li Fong.
• Other Authors: School of Mechanical and Aerospace Engineering
• Format: Final Year Project
• Language: English
• Published: 2010
• Subjects: DRNTU::Engineering::Industrial engineering::Information systems
• Online Access: http://hdl.handle.net/10356/40305
• Institution: Nanyang Technological University

Demand forecasting is inevitable for companies to adopt in today’s context as it determines the demand for the future, bringing in advantageous benefits to a company. In this study, two ways of forecasting were evaluated, namely, to forecast directly on the component level and the other was to forec...