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Firms selling commercial vehicles often face difficulties due to recessions in the globalized economy. Manufacturers are keen to anticipate demand in future quarters to optimize their production schedules. In this study, commercial vehicle production data from a leading Indian automotive...
Persistent link: https://www.econbiz.de/10014544440
Firms selling commercial vehicles often face difficulties due to recessions in the globalized economy. Manufacturers are keen to anticipate demand in future quarters to optimize their production schedules. In this study, commercial vehicle production data from a leading Indian automotive...
Persistent link: https://www.econbiz.de/10014281261
We present an approach to improve forecast accuracy by simultaneously forecasting a group of products that exhibit similar seasonal demand patterns. Better seasonality estimates can be made by using information on all products in a group, and using these improved estimates when forecasting at...
Persistent link: https://www.econbiz.de/10005581111
Organizations with large-scale inventory systems typically have a large proportion of items for which demand is intermittent and low volume. We examine different approaches to forecasting for such products, paying particular attention to the need for inventory planning over a multi-period...
Persistent link: https://www.econbiz.de/10008508605
"Inventory Analytics provides a comprehensive and accessible introduction to the theory and practice of inventory control - a significant research area central to supply chain planning. The book outlines the foundations of inventory systems and surveys prescriptive analytics models for...
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