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For fresh products, it is essential to get the demand forecasts right. Specifically, grocers must get them right on the day-level to capture demand variation throughout the week; for example, sales for a product may be high on a Saturday, but much lower on a Monday. In some cases, it may even be necessary to forecast within-day demand to support multiple replenishments per day.
Product ID: | 1000158 |
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Publication Year: | 2020 |
Page length: | 8 |
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