Service Parts Management: Demand Forecasting and Inventory Control (Hardback)
  • Service Parts Management: Demand Forecasting and Inventory Control (Hardback)

Service Parts Management: Demand Forecasting and Inventory Control (Hardback)

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Hardback 311 Pages / Published: 28/03/2011
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With the pressure of time-based competition increasing, and customers demanding faster service, availability of service parts becomes a critical component of manufacturing and servicing operations. Service Parts Management first focuses on intermittent demand forecasting and then on the management of service parts inventories. It guides researchers and practitioners in finding better management solutions to their problems and is both an excellent reference for key concepts and a leading resource for further research. Demand forecasting techniques are presented for parametric and nonparametric approaches, and multi echelon cases and inventory pooling are also considered. Inventory control is examined in the continuous and periodic review cases, while the following are all examined in the context of forecasting: * error measures, * distributional assumptions, and * decision trees. Service Parts Management provides the reader with an overview and a detailed treatment of the current state of the research available on the forecasting and inventory management of items with intermittent demand. It is a comprehensive review of service parts management and provides a starting point for researchers, postgraduate students, and anyone interested in forecasting or managing inventory.

Publisher: Springer London Ltd
ISBN: 9780857290380
Number of pages: 311
Weight: 654 g
Dimensions: 235 x 155 x 19 mm
Edition: 2011 ed.


From the reviews:

"Service Parts Management: Demand Forecasting and Inventory Control covers a wide spectrum of relevant issues on spare parts management. With contributions from some of the most active researchers in this field, the book provides a great foundation for academics who want to explore this field in detail and offers useful advice to managers. ... In conclusion, the book offers practitioners and researchers a reasonably complete and good overview of relevant issues in spare parts management." (Ruud Teunter, Interfaces, Vol. 42 (1), January-February, 2012)

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