Abstract
The paper will outline the basic principles of the Murco Forecasting and Inventory Control System, which has been designed with a wide range of options to enable it to be ‘tuned in’ to meet the specific needs of individual customers. Rather than concentrating on the basic concepts of control, the paper will highlight the application of the system to the retail industry and on specific aspects of direct relevance to retailing.
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References
C.D. Lewis. Demand Analysis and Inventory Control. Gower Press.
J. Murdoch. Theory and Practice of Inventory Control. Cranfield.
J. Murdoch. Forecasting and Inventory Control: The Murco System (1987). Logistics Today, Vol 6, Iss 3, pp 15–19.
J. Murdoch. The Design of a Scientific Inventory Control System (1987). Engineering Costs & Production Economics, Iss 11, pp 133–145.
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© 1989 Unicom Seminars Limited
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Murdoch, J. (1989). Design and implementation of forecasting and control in the retail industry. In: Lewis, R. (eds) I.T. in Retailing. Springer, Dordrecht. https://doi.org/10.1007/978-94-011-6405-4_13
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DOI: https://doi.org/10.1007/978-94-011-6405-4_13
Publisher Name: Springer, Dordrecht
Print ISBN: 978-94-011-6407-8
Online ISBN: 978-94-011-6405-4
eBook Packages: Springer Book Archive