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volatility, customer demand is generally changing, and ignoring this uncertainty could lead to under or over-estimation of … before the depletion of stocks due to the lead time between the ordering point and delivery. Therefore, to meet demand while … and big data analytics have made it easier to overcome such a challenge. This study aims to predict future demand in the …
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(a) the exact timing of that season, (b) the demand volume to expect, and (c) the temporal distribution of demand over … substantial uncertainty concerning the pattern of customer demand. Although the newsvendor literature has developed a thorough … satisfy customer demand and show how early inventory timing can be detrimental to customer service. Managerial Implications …
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