Hui Hsin Huang
Forecasting Materials Demand from MultiSource Ordering
901 - 904
2017
11
4
International Journal of Industrial and Manufacturing Engineering
https://publications.waset.org/pdf/10007787
https://publications.waset.org/vol/124
World Academy of Science, Engineering and Technology
The downstream manufactures will order their materials from different upstream suppliers to maintain a certain level of the demand. This paper proposes a bivariate model to portray this phenomenon of material demand. We use empirical data to estimate the parameters of model and evaluate the RMSD of model calibration. The results show that the model has better fitness.
Open Science Index 124, 2017