کد مقاله | کد نشریه | سال انتشار | مقاله انگلیسی | نسخه تمام متن |
---|---|---|---|---|
5082367 | 1477638 | 2008 | 20 صفحه PDF | دانلود رایگان |
عنوان انگلیسی مقاله ISI
Adapting Wright's modification of Holt's method to forecasting intermittent demand
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کلمات کلیدی
موضوعات مرتبط
مهندسی و علوم پایه
سایر رشته های مهندسی
مهندسی صنعتی و تولید
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چکیده انگلیسی
The challenge of accurately forecasting demand for spare parts is due to the intermittent nature of their demand. This study compares a recent modification of Croston's method and a method based on Holt's double exponential smoothing taking the firm's competitive priorities into consideration. Wright's modification of Holt's method is presented as a viable alternative when forecasting demand for spares especially when trend is present. Results indicate that firms focusing on minimizing inventory levels as a priority should consider forecasting using the Modified Croston's method. If their priority is high customer service, then the modified Holt's method is superior.
ناشر
Database: Elsevier - ScienceDirect (ساینس دایرکت)
Journal: International Journal of Production Economics - Volume 111, Issue 2, February 2008, Pages 389-408
Journal: International Journal of Production Economics - Volume 111, Issue 2, February 2008, Pages 389-408
نویسندگان
Nezih Altay, Frank Rudisill, Lewis A. Litteral,