This study is concerned with a common forecasting problem faced by organisations - lumpy demand, an infrequent and irregular demand pattern. The study attempts to carry out a comparative study between three forecasting methods, namely EWMA, Croston's Method and the research's proposed method, to determine which method produces optimum results based on forecast variation under different patterns of demand lumpiness
An often-adopted technique for short-term forecasting is the single exponential smoothing (SES); it ...
Demand forecasting is inevitable for companies to adopt in today’s context as it determines the dema...
Inventory management is an important part of a good functioning logistic. Nearly all the literature ...
Comparision of revised forecasting methods, namely Croston's, expotential smoothing and the traditio...
Managing uncertainty when the demand is irregular and sporadic (i.e. “lumpy”) is a complex issue as ...
Not many studies have been undertaken on forecasting lumpy demand. This exploratory study proposes t...
Slow items with intermittent and lumpy demand patterns can make up a substantial part of an organiza...
This paper deals with effective forecasting methods for typically lumpy demand for aircraft spare pa...
Forecasting intermittent and lumpy demand is challenging. Demand occurs only sporadically and, when ...
This paper deals with effective forecasting methods for typically lumpy demand for aircraft spare pa...
The categorization of alternative demand patterns facilitates the selection of a forecasting method ...
Demand forecasting is a crucial component of demand management. While shortening the forecasting hor...
The categorization of alternative demand patterns facilitates the selection of a forecasting method ...
In a service environment, a stockist usually has many slow moving items whose infrequency of demand ...
In this contemporary world, demand forecasting has become an effective tool for the success of any p...
An often-adopted technique for short-term forecasting is the single exponential smoothing (SES); it ...
Demand forecasting is inevitable for companies to adopt in today’s context as it determines the dema...
Inventory management is an important part of a good functioning logistic. Nearly all the literature ...
Comparision of revised forecasting methods, namely Croston's, expotential smoothing and the traditio...
Managing uncertainty when the demand is irregular and sporadic (i.e. “lumpy”) is a complex issue as ...
Not many studies have been undertaken on forecasting lumpy demand. This exploratory study proposes t...
Slow items with intermittent and lumpy demand patterns can make up a substantial part of an organiza...
This paper deals with effective forecasting methods for typically lumpy demand for aircraft spare pa...
Forecasting intermittent and lumpy demand is challenging. Demand occurs only sporadically and, when ...
This paper deals with effective forecasting methods for typically lumpy demand for aircraft spare pa...
The categorization of alternative demand patterns facilitates the selection of a forecasting method ...
Demand forecasting is a crucial component of demand management. While shortening the forecasting hor...
The categorization of alternative demand patterns facilitates the selection of a forecasting method ...
In a service environment, a stockist usually has many slow moving items whose infrequency of demand ...
In this contemporary world, demand forecasting has become an effective tool for the success of any p...
An often-adopted technique for short-term forecasting is the single exponential smoothing (SES); it ...
Demand forecasting is inevitable for companies to adopt in today’s context as it determines the dema...
Inventory management is an important part of a good functioning logistic. Nearly all the literature ...