Inventory planning with dynamic demand. A state of art review

Proper inventory planning should incorporate factors changing over time, since static factors are not robust to this apparent variability. In models of inventories is necessary to recognize the great demand uncertainty. This paper reviews the state of the art of the most significant developments rel...

Full description

Autores:
Valencia Cárdenas, Marisol
Díaz Serna, Francisco Javier
Correa Morales, Juan Carlos
Tipo de recurso:
Article of journal
Fecha de publicación:
2015
Institución:
Universidad Nacional de Colombia
Repositorio:
Universidad Nacional de Colombia
Idioma:
spa
OAI Identifier:
oai:repositorio.unal.edu.co:unal/60735
Acceso en línea:
https://repositorio.unal.edu.co/handle/unal/60735
http://bdigital.unal.edu.co/59067/
Palabra clave:
62 Ingeniería y operaciones afines / Engineering
Dynamic Linear Models
Inventory Models
Forecasts
Rights
openAccess
License
Atribución-NoComercial 4.0 Internacional
Description
Summary:Proper inventory planning should incorporate factors changing over time, since static factors are not robust to this apparent variability. In models of inventories is necessary to recognize the great demand uncertainty. This paper reviews the state of the art of the most significant developments related to inventory models, especially those who consider dynamic demands in time. In addition, demand forecasting models and some techniques for optimizing inventories are analyzed, considering costs and service levels, among others. In the literature review, gaps have been identified related to the treatment of multivariate inventories as well as the use of Bayesian statistics for the purpose of optimization and the development of demand forecasts.