Research Article
Establishment and Application of Small Batch Material Production Arrangement Model Based on Time Series
@INPROCEEDINGS{10.4108/eai.26-5-2023.2334472, author={Li Zhao and Xudong Sha and Hui Lv and Suwen Sun}, title={Establishment and Application of Small Batch Material Production Arrangement Model Based on Time Series}, proceedings={Proceedings of the 2nd International Conference on Mathematical Statistics and Economic Analysis, MSEA 2023, May 26--28, 2023, Nanjing, China}, publisher={EAI}, proceedings_a={MSEA}, year={2023}, month={7}, keywords={linear regression;time series analysis; programming solution;comprehensive evaluation index}, doi={10.4108/eai.26-5-2023.2334472} }- Li Zhao
Xudong Sha
Hui Lv
Suwen Sun
Year: 2023
Establishment and Application of Small Batch Material Production Arrangement Model Based on Time Series
MSEA
EAI
DOI: 10.4108/eai.26-5-2023.2334472
Abstract
The inventory management of multi-variety and small-batch material production is one of the important bases to maintain normal operation of manufacturing industry.This paper introduces a method of setting up the weekly forecast model of material demand to help enterprises make reasonable arrangement of material production.This model takes into account the comprehensive factors such as the predicted value of demand, the characteristics of demand, inventory and shortage quantity, so as to avoid the possible large inventory or shortage problem, improve the production efficiency and customer satisfaction, reduce the inventory cost, and bring economic benefits and competitive advantages for enterprises.
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