Abstract
In this chapter, demand aspects of the inventory system have been discussed with a particular emphasis on the variation in demand. Reasons for increase as well as decrease in demand are mentioned. With reference to an increase in demand, effects on lot size and cost are analyzed. After considering the example, generalized results are presented. Similarly in the context of decreased demand, results are summarized. With consideration of stock out situations also, the effects on output parameters have been explained.
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© 2017 Springer Nature Singapore Pte Ltd.
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Sharma, S. (2017). Demand. In: Inventory Parameters. Springer, Singapore. https://doi.org/10.1007/978-981-10-4545-5_2
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DOI: https://doi.org/10.1007/978-981-10-4545-5_2
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Publisher Name: Springer, Singapore
Print ISBN: 978-981-10-4544-8
Online ISBN: 978-981-10-4545-5
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