Trapero, Juan R.; Cardós, Manuel; Kourentzes, Nikolaos(Elsevier, 2019-04)
[EN] Supply chain risk management has drawn the attention of practitioners and academics alike. One source of risk is demand uncertainty. Demand forecasting and safety stock levels are employed to address this risk. Most ...
Trapero, Juan Ramón; Cardós, Manuel; Kourentzes, Nikolaos(Elsevier, 2019-03)
[EN] The safety stock calculation requires a measure of the forecast error uncertainty. Such errors are usually assumed to be Gaussian lid (independently and identically distributed). However, deviations from lid lead to ...