Predicting Demand from Sales Data in the Presence of Stockouts

The effect of stockouts on prediction accuracy is analyzed. The forecasting bias that results and the effect on the prediction error variance are explored and are seen to depend on the frequency of stockouts, the coefficient of variation of demand, and the serial correlation of demand.

• 저널Management Science · 24(10) · 1043–1054
• 토픽Forecasting Techniques and Applications · Management Science and Operations Research
• DOI10.1287/mnsc.24.10.1043
• 저자William E. Wecker