
doi: 10.5951/mt.89.1.0048
A medical-supply company asked for help in solving a warehouse-inventory problem. They wanted a computer program to track the inventory of more than one hundred medical items, such as cases of bandages and syringes, and to predict the sales for the next business period. Thus, when the company needed to order a particular item, the quantity could be calculated automatically by the program. Specifically, the problem concerned the short-term prediction of future sales.
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