Search Results

open access

An empirical Bayes approach to incorporating demand intermittency and irregularity into inventory control

Description: Article asserts that spare parts inventory management is complex due to the combined impact of intermittent and variable demand patterns. This study proposes a novel nonparametric Bayesian forecasting approach with its roots in the empirical Bayes paradigm.
Date: June 8, 2022
Creator: Ye, Yuan; Lu, Yonggang; Robinson, Powell & Narayanan, Arunachalam
Partner: UNT College of Business
Back to Top of Screen