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Original Equipment Manufacturers (OEM’s) of advanced capital goods often offer service contracts for system support to their customers, for which spare parts are needed. Due to technological changes, suppliers of spare parts may stop production at some point in time. As a reaction to that decision, an OEM may place a so-called Last Time Buy (LTB) order to(More)
This study presents an adaptive intelligent algorithm for forecasting gasoline demand based of artificial neural network (ANN), conventional regression and design of experiment (DOE). To show the superiority and applicability of the proposed algorithm it has been applied for monthly demand estimation of gasoline in Japan, USA, Kuwait, Canada and Iran within(More)
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