Production and inventory management

By Arnoldo C. Hax, Dan I. Candea. 1983

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Optimal combination forecasts for hierarchical time series (2011, neutral): “Keywords: bottom-up forecasting, combining forecasts, GLS regression, hierarchical forecasting, reconciling forecasts, top-down forecasting.”
Health-aware hierarchical control for smart manufacturing using reinforcement learning (2017, background): “Hax and Bitran proposed an aggregate-disaggregate model for hierarchical production planning [4], [19], [20].”
A new approach to forecasting intermittent demand for service parts inventories (2004, methodology): “Using nine large industrial datasets, we show that the bootstrapping method produces more accurate forecasts of the distribution of demand over a fixed lead time than do exponential smoothing and Croston’s method.”
Hierarchical production planning and scheduling in a multi-product, batch process environment (2007, background): “Theoretical works on the topic have followed (Bitran et al. 1981, Bitran and Hax 1981, Axsater and Jonsson 1984, Hax and Candea 1984, Erschler et al. 1986, Pienkosz and Toczylowski 1993).”
The impact of exponential smoothing forecasts on the bullwhip effect (2000, methodology): “19) or Hax and Candea ([8], Chap.”
A general method for addressing forecasting uncertainty in inventory models (2019, background): “Hax and Candea (1984) discuss how the distribution of demand forecast errors can be derived empirically, by updating the probabilities with incoming demand observations.”