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robert.heidsieck@med.ge.com,
cyrille.thenot@ge.com
I.
INTRODUCTION
II.
LITERATURE REVIEW
TABLE I.
Formula
100
Part classification
Forecast
Process
Forecast methods
Inventory
management
Process
Fig. 1.
PROPOSED APPROACHES
If
2.
1
1
Part classification
Forecast methods
Where :
-
Integrated
process of
selection of
the forecast
methods
according to
inventory
management
Fig. 2.
TABLE II.
Advantage
Disadvantage
Usage
context
No consideration of
inventory
management
criteria
in
the
selection
Need
only the
method with the
best
statistical
accuracy
Approach 2
(proposed)
Consideration of
inventory
management
performance risk
in the selection.
Without the need
to integrate with
an
inventory
management
model
Selection
by
risks only and
not by direct
measure of these
criteria
Approach 3
(proposed)
Selection of the
forecast method
with the criteria
of
inventory
management
Need
the
method
with
the
best
inventory
management
performance
No
explicit
selection
by
statistical
criteria. But the
statistical error
is contained in
the settings of
safety stock
IV. RESULTS
A. Experimental Design
The objective of this sub-section is the characterization of
the Design of experiments (DOE) in order to illustrate the
performance of measures of selection. This design is defined
by a set of forecast methods, a set of policies for managing
stock and business priorities in terms of service level or overstocking.
For brevity, the analysis will be reduced to the single (s, S)
policy of inventory management, the most common policy in
the context of spare parts.
For forecasting methods, we choose to consider two types
of methods characterizing demand type. For each type, we will
use two methods. We will test:
level.
TABLE III.
METHODS
Approach 1
(Section II)
MSE
MA
SES
CR
SBA
Total
6.4
3.8
26.6
63.2
100%
Approach 2
(Section III.A)
LTFE
.
.
14.4
1.2
14
70.4
100%
27
5
43
25
100%
33
9.6
18.8
38.6
100%
Approach 3
(Section III.B)
.
23
8
27
42
100%
27
10
29
34
100%
CONCLUSION
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