Articles written in Sadhana
Volume 45 All articles Published: February 2020 Article ID 0051 Original Article (Mechanical Sciences)
Intermittent demand shows irregular pattern that differentiates it from all other demand types. It is hard to forecasting intermittent demand due to irregular occurrences and demand size variability. Due to this reason, researchers developed ad hoc intermittent demand forecasting methods. Since intermittent demand has peculiar characteristics, it is grouped into categories for better management. In this paper, specialized methods with a focus of method selection for each intermittent demand category are considered. This work simplifies theintermittent demand forecasting and provides guidance to market players by leading the way to method selection based on demand categorization. By doing so, the paper will serve as a useful tool for practitioners to manageintermittent demand more easily.