Analysis of time-series method for demand forecasting

Aayushi Verma, Aishwarya Karan, Aaroh Mathur, S. Chethan

Research output: Contribution to journalArticle

2 Citations (Scopus)

Abstract

This study focuses on analyzing the demand for raw material supply for a university dining mess using time series method which falls under quantitative approach of demand forecasting and gives a detailed step by step process of analysis. This method accurately forecasts the daily demand within a span of four months, thereby eliminating the concern of mess authorities on their budgeting and supply of raw material for university dining mess on a daily basis.

Original languageEnglish
Pages (from-to)3102-3107
Number of pages6
JournalJournal of Engineering and Applied Sciences
Volume12
Issue number12
DOIs
Publication statusPublished - 01-01-2017
Externally publishedYes

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Time series
Raw materials
Budget control

All Science Journal Classification (ASJC) codes

  • Engineering(all)

Cite this

Verma, Aayushi ; Karan, Aishwarya ; Mathur, Aaroh ; Chethan, S. / Analysis of time-series method for demand forecasting. In: Journal of Engineering and Applied Sciences. 2017 ; Vol. 12, No. 12. pp. 3102-3107.
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Analysis of time-series method for demand forecasting. / Verma, Aayushi; Karan, Aishwarya; Mathur, Aaroh; Chethan, S.

In: Journal of Engineering and Applied Sciences, Vol. 12, No. 12, 01.01.2017, p. 3102-3107.

Research output: Contribution to journalArticle

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