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demand, the main approach towards the selection and optimisation of alternative methods relates to the minimisation of …Exponential smoothing methods are very commonly used for forecasting demand. Regarding the process of forecasting … forecasting methods, HW methods (additive and multiplicative) are appropriate for demand with trend and seasonality which …
Persistent link: https://www.econbiz.de/10011193803
This paper is concerned with identifying an effective method for forecasting the lead time demand of slow … compared using monthly demand data for more than one thousand car parts. It is found that a multi-series version of exponential …
Persistent link: https://www.econbiz.de/10010860402
article shows the results of studies on demand forecasting methods most commonly used by online shops. The second part …
Persistent link: https://www.econbiz.de/10009493291
This article concerns the subject of demand forecasting and stocks status planning in online shops. One described the … analysis of surveys results. They were conducted in 616 Polish online shops. The investigation concerns methods of demand …
Persistent link: https://www.econbiz.de/10009369605
We study the impact on inventory of an unexpected, non-linear, time-dependent demand and present the exact solutions … stability at infinity, from which we derive expressions for the estimated demand and the target work in progress when the demand … is time-dependent. The resulting inventory equation is solved in terms of the Lambert modes with all of the demand non …
Persistent link: https://www.econbiz.de/10010753150
Adaptations of simple exponential smoothing are presented that aim to unify the task of forecasting demand for both … approximations for the so-called lead-time demand distribution, something required for inventory control calculations. The proposed … methods are illustrated and their performance compared on real demand data for car parts. …
Persistent link: https://www.econbiz.de/10005581133
finding the prediction distribution of aggregate lead- time demand for use in inventory control calculations is considered. It …
Persistent link: https://www.econbiz.de/10005427620
This paper presents results of a large-scale simulation study on spare parts demand forecasting and inventory control … operates in Brazil, considering six years of demand data. Literature review drove the selection of different models simulated …. The study included three alternatives to record demand data (individual orders data, weekly and monthly time buckets …
Persistent link: https://www.econbiz.de/10011193822
We show that well-known textbook formulae for determining the optimal base stock of the inventory system with continuous review and constant lead time can easily be extended to the case with periodic review and stochastic, sequential lead times. The provided performance measures and conditions...
Persistent link: https://www.econbiz.de/10005802225
Persistent link: https://www.econbiz.de/10011087026