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Examples for Demand Forecasting & Inventory Optimization
Explore real-world examples showing how this skill works with different inputs and outputs.
Seasonal Outdoor Grill Inventory Planning
Forecasting demand for a highly seasonal product (outdoor grills) with 12 months of history. Demonstrates detection of strong seasonality (12x peak-to-trough ratio), calculation of season-specific safety stock levels, and critical timing for peak season ordering with 4-week lead time.
Sporadic Demand Specialty Part with High Service Level
Forecasting for a low-volume, high-variability specialty pump part (SKU-4482) with only 8 months of data. Demonstrates handling of sporadic demand (86% CV with zero-sale months), appropriate data warnings, high service level requirements (98%), and long lead time (6 weeks) risk assessment.
Growing Product with Strong Trend Analysis
Inventory optimization for Widget-X showing 95% year-over-year growth with 9 months of data. Demonstrates trend detection with high R² confidence, current inventory risk assessment (180 units on hand), and proactive ordering recommendations for continued growth trajectory.