A Combined Forecast-Inventory Control Procedure for Spare Parts

R.M.J. Heuts, L.W.G. Strijbosch, E.H.M. van der Schoot

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Abstract

The interaction between forecast and inventory control has been under-exposed in the literature. This paper introduces a combined forecast-inventory control procedure that is appropriate especially for the lumpy demand character of spare parts. The proposed procedure is succesfully implemented in practice.
Original languageEnglish
Place of PublicationTilburg
PublisherOperations research
Number of pages15
Volume772
Publication statusPublished - 1999

Publication series

NameFEW Research Memorandum
Volume772

Keywords

  • inventory control
  • forecasting

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  • Cite this

    Heuts, R. M. J., Strijbosch, L. W. G., & van der Schoot, E. H. M. (1999). A Combined Forecast-Inventory Control Procedure for Spare Parts. (FEW Research Memorandum; Vol. 772). Operations research.