Managing Intermittent Demand

• Main Author: Engelmeyer, Torben (Author)
• Corporate Author: SpringerLink (Online service)
• Format: Electronic eBook
• Language: English
• Published: Wiesbaden : Springer Fachmedien Wiesbaden : Imprint: Springer Gabler, 2016.
• Subjects: Business.; Business logistics.; Operations research.; Decision making.; Business and Management.; Logistics.; Supply Chain Management.; Operation Research/Decision Theory.

This work aims to increase the service level and to reduce the inventory costs by combining the forecast and inventory model into one consistent forecast-based inventory model. This new model is based on the prediction of the future probability distribution by assuming an integer-valued autoregressi...