Validation of a demand forecasting method based on a stochastic process using real-world data

DOI10.1515/JNUM.2010.007MaRDI QIDQ3577893zbMATH OpenOpenAlexFDO

Authors Yinggao Zheng, Hiroshi Suito, Hideo Kawarada

Publication date 26 July 2010

Published in Journal of Numerical Mathematics (Search for Journal in Brave)

Full work available at URL https://doi.org/10.1515/jnum.2010.007

zbMATH Keywords

Black-Scholes modelstochastic processdemand predictionNewsboy problemloss evaluation

Mathematics Subject Classification ID

Applications of queueing theory (congestion, allocation, storage, traffic, etc.) (60K30) Applications of stochastic analysis (to PDEs, etc.) (60H30) Transportation, logistics and supply chain management (90B06)

Recommendations

• Demand forecasting method based on stochastic processes and its validation using real-world data
• Demand forecasting using Bayesian experiment with non-homogeneous Poisson process model
• Nonlinear identification of judgmental forecasts effects at SKU level
• Logistics demand forecasting by using support vector machine optimized by artificial fish swarm algorithm
• Quantile forecasting and data-driven inventory management under nonstationary demand

Cited in

(6)

• Real options approach-based demand forecasting method for a range of products with highly volatile and correlated demand
• scientific article; zbMATH DE number 2103898 (Why is no real title available?)
• A predictive analytics approach for demand forecasting in the process industry
• Demand forecasting using Bayesian experiment with non-homogeneous Poisson process model
• Demand forecasting method based on stochastic processes and its validation using real-world data
• Nonlinear identification of judgmental forecasts effects at SKU level

This page was built for publication: Validation of a demand forecasting method based on a stochastic process using real-world data

Report a bug (only for logged in users!)Click here to report a bug for this page (MaRDI item Q3577893)