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Forecast/forecasting adaptive

To summarize, we propose a so-called MMSE forecast adaptive base-stock policy. This policy employs the Kalman filter technique to calculate minimum mean square error (MMSE) forecasts of future demands at the beginning of each period. A fixed safety stock 7 set at the beginning of the planning horizon, is then added to the MMSE forecast to form the target level /3t for this period. Then, the following rule is applied if the current inventory position is lower than the target level, an order is placed to fill this gap otherwise, no order is placed. The advantage of our policy is that it is intuitive and easily implementable. But, not less importantly, it can be tailored for use in information-rich supply chains, for which the characterization of optimal policies is virtually impossible. [Pg.421]

Fig. 21-4. Number of forecast days of high air pollution potential per 5 years (1960-1964), Source Adapted from Holzworth (2). Fig. 21-4. Number of forecast days of high air pollution potential per 5 years (1960-1964), Source Adapted from Holzworth (2).
Ydstie, B. E., Forecasting and control using adaptive coimectionist networks. Comput. Chem. Eng. 14, 583 (1990). [Pg.205]

Artificial satellites, which are now used for communication, broadcast, weather forecast, etc., are equipped with a variety of semiconductor devices, which are often exposed to the high levels of radiation found in space. Such energetic particles, called cosmic rays, cause the degradation and malfunction of semiconductor devices, which lowers both the mission lifetime and reliability of satellites. Using ion beam irradiation facilities at TIARA, which have been uniquely adapted for simulating the radiation environment of space, we have... [Pg.827]

Comparison of sales of therapeutic monoclonal antibodies (mAbs) in 2002 (in white) and forecast for 2008 (in black) (adapted from Reichert and Pavlou, 2004). [Pg.401]

The book presents a well-defined procedure for adding or subtracting independent variables to the model variable and covers how to apply statistical forecasting methods to the serially correlated data characteristically found in clinical and pharmaceutical settings. The standalone chapters allow you to pick and choose which chapter to read first and hone in on the information that fits your immediate needs. Each example is presented in computer software format. The author uses MiniTab in the book but supplies instructions that are easily adapted for SAS and SPSSX, making the book applicable to individual situations. [Pg.505]

Many dissemination technologies have been included because many are available to a proliferant. There is sufficient open literature describing the pros and cons of various types of dissemination to dictate the consideration of all of them by a proliferant. Although most countries and perpetrators could develop the toxic agents and adapt their standard munitions to carry the agents. It is much more difficult, however, to achieve success in effective dispersion and dissemination. Weather observation and forecasting are essential to increase the probability of effective CW dissemination and reduce the risk of injuring friendly forces. [Pg.20]

Consider the demand model faced by an apparel buyer. Suppose this demand becomes more predictable as the season approaches. A conceptual approach, using a specific example adapted from [35], may incorporate current information to improve demand forecasts. Suppose demand at the end of the season can be classified into two possible demand levels. [Pg.102]

Thomassey, S., Happiette, M. and Castelain, J., 2005. A global forecasting support system adapted to textile distributioiL International Journal of Production Economics, 96(1), 81-95. [Pg.195]

Decomposition (forecasting) A method of forecasting where data is divided into trend, seasonal, and cyclical components. Another component may be random — where no pattern exists. Forecasts are made using each component. (Adapted from APICS Dictionary, 10th edition )... [Pg.526]


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