Inventory Planning with Forecasting Expenditure

Production Analysis Inventory Planning Batch Quantity Annual Production Rate Backlogged Quantities Batch Size Cost of Forecasting Forecasting Efforts Forecasting Expenditure Holding Cost Facility Setup Cost Forecasting Accuracy Lot Size Modified Cost Estimate Ordering Cost Variation Procurement Lot Size Production Time Ordering Cost Related Total Cost Inventory Carrying Production Batch Size Shortage Cost Total Relevant Cost Total Cost Formulation Optimal Ordering Quantity Optimal Shortage Total Cost Planning Setup Cost Unit Improvement