Forecasting lumpy demand created by order batching : a comparative study.

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 meth...

وصف كامل

محفوظ في:
التفاصيل البيبلوغرافية
المؤلفون الرئيسيون: Ong, Kok Guan., Teng, Poi Leng., Yong, Lee San.
مؤلفون آخرون: Viswanathan, S.
التنسيق: Final Year Project
منشور في: 2008
الموضوعات:
الوصول للمادة أونلاين:http://hdl.handle.net/10356/11551
الوسوم: إضافة وسم
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المؤسسة: Nanyang Technological University
الوصف
الملخص: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.