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