Work

Spare parts management: a review of forecasting research and extensions

Year: 2009

Type: article

Abstract: Spare parts are very common in many industries and forecasting their requirements is an important operational issue. In recent years, there have been advances in forecasting methods for spare parts, demand information sharing strategies and the design of forecast support systems. Some work has also been done on the value of judgemental adjustment of statistical forecasts. In this paper, these developments are reviewed and avenues for further research are explored.

Source: IMA Journal of Management Mathematics

DOI: 10.1093/imaman/dpp016

Authors: J. E. Boylan, A. A. Syntetos

Institutions: Buckinghamshire New University, University of Salford

Language: English

Topic: Forecasting Techniques and Applications

Subfield: Management Science and Operations Research

Field: Decision Sciences

Domain: Social Sciences

Open Access status: hybrid

Estimated APC paid: $3,718

Funder: Engineering and Physical Sciences Research Council