作者
Fotios Petropoulos, Nikolaos Kourentzes, Konstantinos Nikolopoulos
发表日期
2016/11/1
期刊
International Journal of Production Economics
卷号
181
页码范围
154-161
出版商
Elsevier
简介
In this paper we focus on forecasting for intermittent demand data. We propose a new aggregation framework for intermittent demand forecasting that performs aggregation over the demand volumes, in contrast to the standard framework that employs temporal (over time) aggregation. To achieve this we construct a transformed time series, the inverse intermittent demand series. The new algorithm is expected to work best on erratic and lumpy demand, as a result of the variance reduction of the non-zero demands. The improvement in forecasting performance is empirically demonstrated through an extensive evaluation in more than 8000 time series of two well-researched spare parts data sets from the automotive and defence sectors. Furthermore, a simulation is performed so as to provide a stock-control evaluation. The proposed framework could find popularity among practitioners given its suitability when dealing …
引用总数
2016201720182019202020212022202320242381613148115
学术搜索中的文章
F Petropoulos, N Kourentzes, K Nikolopoulos - International Journal of Production Economics, 2016