Methods for Intermittent Demand Forecasting
نویسنده
چکیده
Intermittent demand or ID (also known as sporadic demand) comes about when a product experiences several periods of zero demand. Often in these situations, when demand occurs it is small, and sometimes highly variable in size. ID is often experienced in industries such as aviation, automotive, defence and manufacturing; it also typically occurs with products nearing the end of their life cycle. Some companies operating in these areas observe ID for over half the products in their inventories. In such situations there is a clear financial incentive to inventory control and retaining proper stock levels, and therefore to forecasting demand for these items.
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