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In current work problems and requirements for demand forecasting in commercial or manufacturing enterprises are analyzed and suitable forecasting algorithms are proposed. In enterprises with multidimensional and heterogeneous demand it is advisable to use different algorithms for different...
Persistent link: https://www.econbiz.de/10009478233
In times of demand shocks, when quantitative forecasting based on historical time series becomes obsolete, the only information about future demand is "advance demand information", i.e. interpreting early customer bookings as an indicator of not yet known demand. This paper deals with a...
Persistent link: https://www.econbiz.de/10009480903
This thesis presents a new forecasting technique that estimates energy demand by applying a Bayesian approach to forecasting. We introduce our Bayesian Heating Oil Forecaster (BHOF), which forecasts daily heating oil demand for individual customers who are enrolled in an automatic delivery...
Persistent link: https://www.econbiz.de/10009484448
The purpose of this study was to identify formal project management methodology as well as to investigate a forecasting software implementation project. As companies face challenges of improving supply chain performance and creating cost effective business strategies, projects emerge for process...
Persistent link: https://www.econbiz.de/10009431157