DocumentCode :
694179
Title :
Remanufacturing intermittent demand forecast: A critical assessment
Author :
Mishra, P. ; Xue-Ming Yuan ; Guangbin Huang ; Xiao Xia Xu
Author_Institution :
Sch. of Electr. & Electron. Eng., Nanyang Technol. Univ., Singapore, Singapore
fYear :
2013
fDate :
10-13 Dec. 2013
Firstpage :
1012
Lastpage :
1016
Abstract :
In the remanufacturing industry, customer demands and product returns always display irregular intermittent patterns. It is very difficult to accurately forecast such customer demands and product returns. This paper conducts a comparative assessment of the forecasts derived by various methods, and evaluates the robustness of forecasting methodology through the demand data from a remanufacturing company. The results show the econometric methods are more accurate than the classic methods in terms of the mean squared error (MSE).
Keywords :
demand forecasting; econometrics; mean square error methods; recycling; time series; MSE; customer demands; econometric methods; intermittent demand forecast remanufacturing; mean squared error; product returns; remanufacturing industry; Demand forecasting; Econometrics; Mathematical model; Predictive models; Smoothing methods; Time series analysis; Decomposition; Forecasting; Intermittent Demand; Time Series;
fLanguage :
English
Publisher :
ieee
Conference_Titel :
Industrial Engineering and Engineering Management (IEEM), 2013 IEEE International Conference on
Conference_Location :
Bangkok
Type :
conf
DOI :
10.1109/IEEM.2013.6962563
Filename :
6962563
Link To Document :
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