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Published in:
1972 | OriginalPaper | Chapter
Fluctuation of demand per product
Authors : R. N. van Hees, W. Monhemius
Published in: Production and Inventory Control: Theory and Practice
Publisher: Macmillan Education UK
Included in: Professional Book Archive
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In industrial practice, demand is invariably defined as a quantity per period. The succession of figures representing the demand for a given product constitutes a time series. Let d t denote the demand in period t.