DEMAND FORECASTING WITHOF USING TIME SERIES MODELS IN TEXTILE DYEING-FINISHING MILLS


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SABIR E. C. , Batuk E.

TEKSTIL VE KONFEKSIYON, vol.23, no.2, pp.143-151, 2013 (Journal Indexed in SCI) identifier identifier

  • Publication Type: Article / Article
  • Volume: 23 Issue: 2
  • Publication Date: 2013
  • Title of Journal : TEKSTIL VE KONFEKSIYON
  • Page Numbers: pp.143-151

Abstract

In this study, the most suitable demand forecasting system is sought by Time Series Models in textile dyeing-finishing mills. This includes Basic Exponential Smoothing Method, Trend Corrected Exponential Smoothing Method and Winter's Models. The study was performed on real data obtained from a chosen textile mill. And, demand was concluded to change mainly with season in Demand forecasting activities of Dyeing-Finishing Mills, but trend corrected demand forecasting method could also be valid for some product groups. Basic Exponential Smoothing method was concluded an unsuitable demand forecasting method.