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Forecasting and Stock Control for Intermittent Demands

โœ Scribed by J. D. Croston


Book ID
121243437
Publisher
Palgrave Publishers Ltd.
Year
1972
Weight
441 KB
Volume
23
Category
Article
ISSN
0030-3623

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Stochastic models underlying Croston's m
โœ Lydia Shenstone; Rob J. Hyndman ๐Ÿ“‚ Article ๐Ÿ“… 2005 ๐Ÿ› John Wiley and Sons ๐ŸŒ English โš– 169 KB

Croston's method is widely used to predict inventory demand when it is intermittent. However, it is an ad hoc method with no properly formulated underlying stochastic model. In this paper, we explore possible models underlying Croston's method and three related methods, and we show that any underlyi