A comparative study of prediction techniques.

by Bernice B. Brown


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Some promising methods for improving predictive techniques used in estimating future demands of aircraft spare parts. As emphasis is on the improvement of demand estimates per program element, the study is based on the transactions of B-52 parts consumption from two bases for a period of 33 months. Only Hi-Valu and Category II parts are considered. It is indicated that about 25 per cent of the sample parts showed zero demand through 21 months of data. Other conclusions are drawn as to preferred techniques for particular parts.

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