A New Metric for Lumpy and Intermittent Demand Forecasts: Stock-keeping-oriented Prediction Error Costs.
Dominik MartinPhilipp SpitzerNiklas KühlPublished in: HICSS (2020)
Keyphrases
- prediction error
- inventory level
- expected cost
- motion compensated
- total cost
- production cost
- customer demand
- bit rate
- cost savings
- inter frame
- lead time
- stock market
- reversible watermarking
- linear prediction
- periodic review
- inventory control
- short term
- long run
- stochastic demand
- setup cost
- motion vectors
- base stock policies
- historical data
- inventory policy
- linear predictors
- holding cost
- multiscale
- inventory management
- order quantity
- inventory systems
- fixed cost
- lost sales
- operating costs
- single item