A Statistical Analysis of the Distribution of D062 Demand in a Given Leadtime.

Abstract

This paper presents the results of several statistical studies of the distribution of forecast errors associated with the forecasting rules currently used in the Economic Order Quantity (EOQ) Buy Computation System (D062). Actual demand histories for over 20,000 Air Force EOQ items for the CY71-79 interval served as the major data source used in the study. Useful analytic approximation formulas are presented in Sections III and IV.

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Document Details

Document Type
Technical Report
Publication Date
Sep 01, 1981
Accession Number
ADA124617

Entities

People

  • W. Steven Demmy

Tags

Communities of Interest

  • Air Platforms
  • C4I
  • Materials and Manufacturing Processes

DTIC Thesaurus Topics

  • Accuracy
  • Air Force
  • Air Force Facilities
  • Aircrafts
  • Analysis Of Variance
  • Data Analysis
  • Data Science
  • Databases
  • Distribution Functions
  • Information Science
  • Lead Time
  • Normal Distribution
  • Probability
  • Probability Distributions
  • Random Variables
  • Statistical Analysis
  • Statistics

Readers

  • Business Analytics
  • Logistics and Supply Chain Management.
  • Statistical inference.