product costs. Design/methodology/approach – This study proposes a method for analysing and forecasting field failure data for …‐moving average (SARIMA) method and neural network model. Findings – Current methods for analysing and forecasting field failure data …

found: inventory management, forecasting and production strategy. Within the method three decisions are identified to come …

disciplines within organizations, reliance on family‐based forecasting is increasing. The family‐based approach, sometimes … referred to as hierarchical forecasting (HF), is based on a strategy of aggregating items into families. HF systems are capable … performance and a reduction in the overall forecasting burden. To date, several studies have offered practical guidelines for the …

The usage of formal statistical forecasting procedures has been shown in numerous studies to improve forecast accuracy … statistical forecasting procedures. Provides solution strategies to these problems and discusses specific managerial implications …. This information is important to managers in order to gain the greatest benefit from the forecasting function.  …