Estimation of Parameters Values for UICP Demand Forecasting Rules,

Abstract

This study estimates parameter values pertaining to the UICP (Uniform Inventory Control Program) model for forecasting demand and the MAD (Mean Absolute Deviation) of demand. More specifically, the filter constants, trend significance levels and smoothing weights are evaluated using the 5A (Aviation Afloat and Ashore Allowance Analyzer) wholesale inventory simulator. Alternative values were systematically selected for the filter constants, trend significance levels and smoothing weights to be applied to a data base of actual demands for determining which parameter values generate the most effective demand forecast. Effectiveness is judged by the following criteria: inventory investment, performance, workload and demand forecast accuracy.

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Document Details

Document Type
Technical Report
Publication Date
Dec 01, 1981
Accession Number
ADA110394

Entities

People

  • Jerry L. Zamer

Tags

Communities of Interest

  • Ground and Sea Platforms

DTIC Thesaurus Topics

  • Accuracy
  • Air Force
  • Business Administration
  • Databases
  • Delphi Method
  • Inventory
  • Inventory Control
  • Investments
  • Management Personnel
  • Navy
  • Plastic Explosives
  • Simulations
  • Simulators
  • Statistics
  • Strategic Weapons
  • Supply Depots
  • Workload

Readers

  • Approximation Theory.
  • Economics
  • Regression Analysis.