The performance of alternative forecasting methods that use hierarchical and direct forecasting strategies for predicting spare parts demand depends on the demand features. This paper uses data obtained from the South Korean Navy to identify the demand features of the spare parts that influence...

In the South Korean Navy the demand for many spare parts is infrequent and the volume of items required is irregular. This pattern, known as non-normal demand, makes forecasting difficult. This paper presents a case study using data obtained from the South Korean Navy to compare the performance...

In inventory management, hierarchical forecasting (HF) is a hot issue : families of items are formed for which total demand is forecasted; total forecast then is broken up to produce forecasts for the individual items.Since HF is a complicated procedure, analytical results are hard to obtain;...