lot-size inventory management interpolation technique - meaning and definition. What is lot-size inventory management interpolation technique
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What (who) is lot-size inventory management interpolation technique - definition

Inventory management; Stock management

Field inventory management         
Field inventory management commonly known as inventory management is the function of understanding the stock mix of a company and the different demands on that stock. The demands are influenced by both external and internal factors and are balanced by the creation of purchase order requests to keep supplies at a reasonable or prescribed level.
interpolate         
  • Plot of the data points as given in the table
  • Plot of the data with linear interpolation superimposed
  • Plot of the data with polynomial interpolation applied
  • Plot of the data with spline interpolation applied
  • Piecewise constant interpolation, or [[nearest-neighbor interpolation]]
METHOD FOR CONSTRUCTING NEW DATA POINTS BETWEEN KNOWN DATA POINTS
Interpolated; Interpolation function; Interpolate; Interpolation error; Interpolating; Quadratic interpolation; Interpolation formula; Interpolant; Interpolates
v. (D; tr.) to interpolate into
Interpolation         
  • Plot of the data points as given in the table
  • Plot of the data with linear interpolation superimposed
  • Plot of the data with polynomial interpolation applied
  • Plot of the data with spline interpolation applied
  • Piecewise constant interpolation, or [[nearest-neighbor interpolation]]
METHOD FOR CONSTRUCTING NEW DATA POINTS BETWEEN KNOWN DATA POINTS
Interpolated; Interpolation function; Interpolate; Interpolation error; Interpolating; Quadratic interpolation; Interpolation formula; Interpolant; Interpolates
·noun That which is introduced or inserted, especially something foreign or spurious.
II. Interpolation ·noun The act of introducing or inserting anything, especially that which is spurious or foreign.
III. Interpolation ·noun The method or operation of finding from a few given terms of a series, as of numbers or observations, other intermediate terms in conformity with the law of the series.

Wikipedia

Field inventory management

Field inventory management commonly known as inventory management is the function of understanding the stock mix of a company and the different demands on that stock. The demands are influenced by both external and internal factors and are balanced by the creation of purchase order requests to keep supplies at a reasonable or prescribed level. Inventory management is important for every other business enterprise.