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£41.40
Springer Managing Intermittent Demand
Price data last checked 17 day(s) ago - will refresh soon
Price History & Forecast
Last 74 days • 74 data points (No recent data available)
Price Distribution
Price distribution over 74 days • 2 price levels
Current Price
Price Analysis
Most common price: £41 (73 days, 98.6%)
Price range: £41 - £41
Price levels: 2 different prices over 74 days
Description
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 autoregressive process as demand process. The developed algorithms can be used to identify, estimate, and predict the demand as well as optimize the inventory decision of intermittent demand series. In an extensive simulation study the new model is compared with a wide range of conventional forecast/inventory model combinations. By using the consistent approach, the mean inventory level is lowered whereas the service level is increased. Additionally, a modern multi-criteria inventory classification scheme is presented to distinguish different demand series clusters.
Product Specifications
- Brand
- Springer
- Format
- paperback
- ASIN
- 3658140615
- Domain
- Amazon UK
- Release Date
- 11 May 2016
- Listed Since
- 07 April 2016
Barcode
No barcode data available
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