A Markov Forecasting Model for Low Consumption Items

Bao Guo MA;Bu Jie HE;Shuang Feng GAO

Systems Engineering - Theory & Practice ›› 1999, Vol. 19 ›› Issue (5) : 93-95.

PDF(165 KB)
PDF(165 KB)
Systems Engineering - Theory & Practice ›› 1999, Vol. 19 ›› Issue (5) : 93-95. DOI: 10.12011/1000-6788(1999)5-93
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A Markov Forecasting Model for Low Consumption Items

  • Bao Guo MA,Bu Jie HE,Shuang Feng GAO
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Abstract

Markov forecasting method,combined with Monte Carlo Simulation, is applied in this paper to develop a forecasting model for low consumption items of air material.The developed model can provide basis for annual order.

Key words

Markov chain / Monte Carlo simulation / ready rate / air material

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Bao Guo MA , Bu Jie HE , Shuang Feng GAO. A Markov Forecasting Model for Low Consumption Items. Systems Engineering - Theory & Practice, 1999, 19(5): 93-95 https://doi.org/10.12011/1000-6788(1999)5-93
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