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Prediction of the future events. It is a special case of [prediction], in the context of [time-series].

1 vote
1 answer
1k views

Safety stock calculation

The forecasting is made using the auto.arima function of the forecast package in R. …
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  • 233
7 votes
0 answers
2k views

Reorder point with stochastic lead time and demand

I'm trying to determine the optimal reorder point for some products. The reorder point must be greater than the demand during lead time a $\%$ of the times that I should determine, let's say $95\%$. …
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  • 233
5 votes
1 answer
7k views

Time-series forecasting (in C#)

I'm developing an app in C# (WPF) that amongst other things, it makes a time-series based forecast of sales (4-5 months into the future). I'm an industrial engineer so I'm not pro in statistics nor in …
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  • 233