Demand Forecasting and Measuring Forecast Accuracy in a Pharmacy

This study examines the application of structured forecasting methods to determine accurate demand forecasts using 12 monthly sales figures of a moderate busy pharmacy. The date were analysed using some forecasting techniques; Moving Average Method, Exponential Smoothing Method and Least Square M...

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Bibliographic Details
Main Author: Obamiro John Kolade
Format: Article
Language:English
Published: Danubius University 2019-04-01
Series:Acta Universitatis Danubius: Oeconomica
Subjects:
Online Access:http://journals.univ-danubius.ro/index.php/oeconomica/article/view/5779/4946