Spare parts are particularly challenging to forecast due to their lumpiness and representing a significant part of companies' expenditures, so even small improvement in new approaches can considerably reduce these items' total inventory. This paper aims to present a new hybrid forecasting method...

Spare parts are particularly challenging to forecast due to their lumpiness and representing a significant part of companies’ expenditures, so even small improvement in new approaches can considerably reduce these items’ total inventory. This paper aims to present a new hybrid forecasting...

Magnetic Resonance Imaging (MRI) is a sophisticated and costly technology that provides highly accurate diagnoses of various medical conditions using a powerful magnetic field, radiofrequency pulses, and a computer to produce detailed pictures of internal body parts and organs. The dissemination...

A great majority of the Multiple Criteria Decision Aiding methods assume that all assessment criteria are considered at the same hierarchical level. However, decision problem often configure hierarchy among criteria with different structures configurations. Another difficulty of real decision...

Purpose: The purpose of this paper is to present a new hybrid approach based on criticality analysis and optimisation to deal with spare parts inventory management in the initial provisioning phase in the mining industry. Spare parts represent a significant part of mining companies'...