Strijbosch, L.W.G.; Heuts, R.M.J.; Moors, J.J.A. - Tilburg University, Center for Economic Research - 2006
In inventory management, hierarchical forecasting (HF) is a hot issue : families of items are formed for which total … instead of forecasting.So, from a random sample we estimate both total demand and the fraction of this total that individual … aggregation of items, followed by fractioning, lead to more accurate estimates of individual demand?Thirdly, a more practical …