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A Combined Forecast-Inventory Control Procedure for Spare Parts
Heuts,R.M.J. Strijbosch,L.W.G. van der Schoot,E.H.M.
Heuts,R.M.J.
Strijbosch,L.W.G.
van der Schoot,E.H.M.
Abstract
The interaction between forecast and inventory control has been under-exposed in the literature. This paper introduces a combined forecast-inventory control procedure that is appropriate especially for the lumpy demand character of spare parts. The proposed procedure is succesfully implemented in practice.
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Pagination: 15
Date
1999
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Publisher
Operations research
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772.pdf
Adobe PDF, 79.26 KB
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Keywords
inventory control, forecasting
Citation
Heuts, R M J, Strijbosch, L W G & van der Schoot, E H M 1999, A Combined Forecast-Inventory Control Procedure for Spare Parts. FEW Research Memorandum, vol. 772, vol. 772, Operations research, Tilburg.