Figure - available from: Logistics
This content is subject to copyright.
Detailed framework of forecast stage in hybrid ensemble model for advancing intermittent spare part demand forecasting.
Source publication
Background: Accurate inventory management of intermittent spare parts requires precise demand forecasting. The sporadic and irregular nature of demand, characterized by long intervals between occurrences, results in a significant data imbalance, where demand events are vastly outnumbered by zero-demand periods. This challenge has been largely overl...