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Regression based integration of demand forecasting and inventory decision

  • Meng Hao Xi*
  • , He Xing Wang
  • , Qiu Hong Zhao
  • *此作品的通讯作者
  • Department of Economics and Management Institute of Disaster Prevention East
  • Beihang University

科研成果: 书/报告/会议事项章节会议稿件同行评审

摘要

In the traditional inventory decision-making, demand forecasting and inventory control decisions are made independently, so it is difficult to ensure that the inventory cost is minimized. To make the demand forecasting and inventory control be consistent, this paper proposes a cost regression model, in which the demand forecasting is combined with the inventory decisions, aiming to minimize the inventory cost rather than the forecast error. A computational example is presented, to show the difference of the integrated decision-making model and the decentralized decision-making model.

源语言英语
主期刊名Materials Science and Information Technology, MSIT2011
2954-2956
页数3
DOI
出版状态已出版 - 2012
活动2011 International Conference on Material Science and Information Technology, MSIT2011 - Singapore, 新加坡
期限: 16 9月 201118 9月 2011

出版系列

姓名Advanced Materials Research
433-440
ISSN(印刷版)1022-6680

会议

会议2011 International Conference on Material Science and Information Technology, MSIT2011
国家/地区新加坡
Singapore
时期16/09/1118/09/11

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