English, Article edition: Accuracy and Accuracy Implication Metrics for Intermittent Demand John Boylan; Aris Syntetos

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Physical Description
  • article
Language
  • English

Edition details

Title
  • Accuracy and Accuracy Implication Metrics for Intermittent Demand
Author
  • John Boylan
  • Aris Syntetos
Physical Description
  • article
Notes
  • John and Aris distinguish between forecase-accuracy metrics, which measure the errors resulting from a forecast method, and accuracy-implication metrics, which measure the achievement of the organization's stockholding and service-level goals. Both measurements are important. The correct choice of a forecast-accuracy metric depends on the organization's inventory rules, and on whether accuracy is to be gauged for a single item or across a range of items, The authors recommend specific accuracy and accuracy-implication metrics for each context. Copyright International Institute of Forecasters, 2006
  • RePEc:for:ijafaa:y:2006:i:4:p:39-42
Language
  • English
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