New developed method of demand normalization improves spare part forecasting
نویسندگان
چکیده
منابع مشابه
Forecasting Intermittent Demand for Spare Parts
Croston (1972) [2] presented an idea and method to separate ordinary exponential smoothing in two parts;In the time between demand, or withdrawals, and demand size. The idea with the modification in Levén and Segerstedt (2004) [3] is that time between demand and demand size is not independent. But this modification has shown poor results. Therefore Wallström and Segerstedt (2010) [8] suggest an...
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When stopping production, the manufacturer has to decide on the lot size in the final production run to cover spare part demand during the end-of-life phase. This decision can be supported by forecasting how much demand is expected in the future. Forecasts can be obtained from the installed base of the product, that is, the number of products still in use. Consumer decisions on whether or not t...
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ژورنال
عنوان ژورنال: Journal of Management Research and Analysis
سال: 2019
ISSN: 2394-2762,2394-2770
DOI: 10.18231/j.jmra.2019.019