skip to content
Demand Forecasting. Preview this item
ClosePreview this item
Checking...

Demand Forecasting.

Author: D J Blazer; W Faulkner; B Yost; C Carter; AIR FORCE LOGISTICS MANAGEMENT CENTER GUNTER AFS AL.
Publisher: Ft. Belvoir Defense Technical Information Center MAY 1984.
Edition/Format:   Print book : English
Summary:
The purpose of this study is to analyze and develop alternative forecasting techniques for both demand averages and demand variation for Economic Order Quantity (EOQ) items. Currently demand average forecasts are used to determine the operating level and order and ship time (O & ST) quantity. An estimate of demand variation is currently used to compute the safety level quantity. We compare the current and  Read more...
Rating:

(not yet rated) 0 with reviews - Be the first.

Subjects
More like this

Find a copy in the library

&AllPage.SpinnerRetrieving; Finding libraries that hold this item...

Details

Document Type: Book
All Authors / Contributors: D J Blazer; W Faulkner; B Yost; C Carter; AIR FORCE LOGISTICS MANAGEMENT CENTER GUNTER AFS AL.
OCLC Number: 227654910
Description: 43 pages

Abstract:

The purpose of this study is to analyze and develop alternative forecasting techniques for both demand averages and demand variation for Economic Order Quantity (EOQ) items. Currently demand average forecasts are used to determine the operating level and order and ship time (O & ST) quantity. An estimate of demand variation is currently used to compute the safety level quantity. We compare the current and alternative forecasting techniques using demand histories simulated over 50 years. We found the current method provides as accurate an estimate of average demand as any other method we tested. However the current system's estimate for demand variation is inadequate. Statistical analysis of actual Air Force EOQ item's demand history supports the conclusion that estimates of demand variation are inadequate. The current system underestimates the demand variance for over 40% of the Air Force EOQ items. We compare six alternative methods for estimating and using demand variation. We use the System to Analyze and Simulate Base Supply (SASBS) model to evaluate the effectiveness and efficiency of the six alternative techniques. The method that computes the actual variance of demand and order and ship time and places a ceiling on the safety level is the method we recommend. We recommend the safety level computation at base level be modified to accurately measure demand variation and include order and ship time variation. We also present another method which also accurately measures demand and order and ship time variation. This method provides most of the benefits but at reduced costs.

Reviews

User-contributed reviews
Retrieving GoodReads reviews...
Retrieving DOGObooks reviews...

Tags

Be the first.
Confirm this request

You may have already requested this item. Please select Ok if you would like to proceed with this request anyway.

Linked Data


Primary Entity

<http://www.worldcat.org/oclc/227654910> # Demand Forecasting.
    a schema:CreativeWork, schema:Book ;
   library:oclcnum "227654910" ;
   library:placeOfPublication <http://experiment.worldcat.org/entity/work/data/137356420#Place/ft_belvoir> ; # Ft. Belvoir
   library:placeOfPublication <http://id.loc.gov/vocabulary/countries/vau> ;
   schema:about <http://experiment.worldcat.org/entity/work/data/137356420#Thing/sbi4> ; # SBI4
   schema:about <http://experiment.worldcat.org/entity/work/data/137356420#Thing/demand_variation> ; # Demand Variation
   schema:about <http://experiment.worldcat.org/entity/work/data/137356420#Topic/safety> ; # Safety
   schema:about <http://experiment.worldcat.org/entity/work/data/137356420#Thing/safety_level> ; # Safety Level
   schema:about <http://experiment.worldcat.org/entity/work/data/137356420#Topic/logistics_support> ; # Logistics support
   schema:about <http://experiment.worldcat.org/entity/work/data/137356420#Thing/economic_order_quantity_items> ; # Economic Order Quantity Items
   schema:about <http://experiment.worldcat.org/entity/work/data/137356420#Thing/demand_averages> ; # Demand Averages
   schema:about <http://experiment.worldcat.org/entity/work/data/137356420#Topic/forecasting> ; # Forecasting
   schema:about <http://experiment.worldcat.org/entity/work/data/137356420#Topic/administration_and_management> ; # Administration and Management
   schema:about <http://experiment.worldcat.org/entity/work/data/137356420#Thing/ordering> ; # Ordering
   schema:about <http://experiment.worldcat.org/entity/work/data/137356420#Topic/inventory_analysis> ; # Inventory analysis
   schema:about <http://experiment.worldcat.org/entity/work/data/137356420#Topic/timeliness> ; # Timeliness
   schema:about <http://experiment.worldcat.org/entity/work/data/137356420#Topic/supplies> ; # Supplies
   schema:about <http://experiment.worldcat.org/entity/work/data/137356420#Topic/logistics> ; # Logistics
   schema:about <http://experiment.worldcat.org/entity/work/data/137356420#Thing/eoq> ; # EOQ
   schema:about <http://experiment.worldcat.org/entity/work/data/137356420#Topic/logistics_planning> ; # Logistics planning
   schema:about <http://experiment.worldcat.org/entity/work/data/137356420#Topic/spare_parts> ; # Spare parts
   schema:about <http://experiment.worldcat.org/entity/work/data/137356420#Topic/shipping> ; # Shipping
   schema:about <http://experiment.worldcat.org/entity/work/data/137356420#Thing/demand_forecasting> ; # Demand Forecasting
   schema:bookFormat bgn:PrintBook ;
   schema:contributor <http://experiment.worldcat.org/entity/work/data/137356420#Person/carter_c> ; # C. Carter
   schema:contributor <http://experiment.worldcat.org/entity/work/data/137356420#Person/blazer_d_j> ; # D. J. Blazer
   schema:contributor <http://experiment.worldcat.org/entity/work/data/137356420#Organization/air_force_logistics_management_center_gunter_afs_al> ; # AIR FORCE LOGISTICS MANAGEMENT CENTER GUNTER AFS AL.
   schema:contributor <http://experiment.worldcat.org/entity/work/data/137356420#Person/yost_b> ; # B. Yost
   schema:contributor <http://experiment.worldcat.org/entity/work/data/137356420#Person/faulkner_w> ; # W. Faulkner
   schema:datePublished "1984" ;
   schema:datePublished "MAY 1984" ;
   schema:description "The purpose of this study is to analyze and develop alternative forecasting techniques for both demand averages and demand variation for Economic Order Quantity (EOQ) items. Currently demand average forecasts are used to determine the operating level and order and ship time (O & ST) quantity. An estimate of demand variation is currently used to compute the safety level quantity. We compare the current and alternative forecasting techniques using demand histories simulated over 50 years. We found the current method provides as accurate an estimate of average demand as any other method we tested. However the current system's estimate for demand variation is inadequate. Statistical analysis of actual Air Force EOQ item's demand history supports the conclusion that estimates of demand variation are inadequate. The current system underestimates the demand variance for over 40% of the Air Force EOQ items. We compare six alternative methods for estimating and using demand variation. We use the System to Analyze and Simulate Base Supply (SASBS) model to evaluate the effectiveness and efficiency of the six alternative techniques. The method that computes the actual variance of demand and order and ship time and places a ceiling on the safety level is the method we recommend. We recommend the safety level computation at base level be modified to accurately measure demand variation and include order and ship time variation. We also present another method which also accurately measures demand and order and ship time variation. This method provides most of the benefits but at reduced costs."@en ;
   schema:exampleOfWork <http://worldcat.org/entity/work/id/137356420> ;
   schema:inLanguage "en" ;
   schema:name "Demand Forecasting."@en ;
   schema:productID "227654910" ;
   schema:publication <http://www.worldcat.org/title/-/oclc/227654910#PublicationEvent/ft_belvoirdefense_technical_information_centermay_1984> ;
   schema:publisher <http://experiment.worldcat.org/entity/work/data/137356420#Agent/defense_technical_information_center> ; # Defense Technical Information Center
   wdrs:describedby <http://www.worldcat.org/title/-/oclc/227654910> ;
    .


Related Entities

<http://experiment.worldcat.org/entity/work/data/137356420#Agent/defense_technical_information_center> # Defense Technical Information Center
    a bgn:Agent ;
   schema:name "Defense Technical Information Center" ;
    .

<http://experiment.worldcat.org/entity/work/data/137356420#Organization/air_force_logistics_management_center_gunter_afs_al> # AIR FORCE LOGISTICS MANAGEMENT CENTER GUNTER AFS AL.
    a schema:Organization ;
   schema:name "AIR FORCE LOGISTICS MANAGEMENT CENTER GUNTER AFS AL." ;
    .

<http://experiment.worldcat.org/entity/work/data/137356420#Person/blazer_d_j> # D. J. Blazer
    a schema:Person ;
   schema:familyName "Blazer" ;
   schema:givenName "D. J." ;
   schema:name "D. J. Blazer" ;
    .

<http://experiment.worldcat.org/entity/work/data/137356420#Person/faulkner_w> # W. Faulkner
    a schema:Person ;
   schema:familyName "Faulkner" ;
   schema:givenName "W." ;
   schema:name "W. Faulkner" ;
    .

<http://experiment.worldcat.org/entity/work/data/137356420#Thing/demand_forecasting> # Demand Forecasting
    a schema:Thing ;
   schema:name "Demand Forecasting" ;
    .

<http://experiment.worldcat.org/entity/work/data/137356420#Thing/demand_variation> # Demand Variation
    a schema:Thing ;
   schema:name "Demand Variation" ;
    .

<http://experiment.worldcat.org/entity/work/data/137356420#Thing/economic_order_quantity_items> # Economic Order Quantity Items
    a schema:Thing ;
   schema:name "Economic Order Quantity Items" ;
    .

<http://experiment.worldcat.org/entity/work/data/137356420#Topic/administration_and_management> # Administration and Management
    a schema:Intangible ;
   schema:name "Administration and Management"@en ;
    .


Content-negotiable representations

Close Window

Please sign in to WorldCat 

Don't have an account? You can easily create a free account.