Qualitative phase space reconstruction analysis of supply-chain inventor time series

South African Journal of Science

 
 
Field Value
 
Title Qualitative phase space reconstruction analysis of supply-chain inventor time series
 
Creator Shao, Chenxi Wang, Lizhong Xiao, Lipeng Wu, Jinliang
 
Subject — data mining; phase space; qualitative forecasting; quantitative forecasting; supply chain management
Description The economy systems are usually too complex to be analysed, but some advanced methods have been developed in order to do so, such as system dynamics modelling, multi-agent modelling, complex adaptive system modelling and qualitative modelling. In this paper, we considered a supply-chain (SC) system including several kinds of products. Using historic suppliers’ demand data, we firstly applied the phase space analysis method and then used qualitative analysis to improve the complex system’s performance. Quantitative methods can forecast the quantitative SC demands, but they cannot indicate the qualitative aspects of SC, so when we apply quantitative methods to a SC system we get only numerous data of demand. By contrast, qualitative methods can show the qualitative change and trend of the SC demand. We therefore used qualitative methods to improve the quantitative forecasting results. Comparing the quantitative only method and the combined method used in this paper, we found that the combined method is far more accurate. Not only is the inventory cost lower, but the forecasting accuracy is also better.
 
Publisher AOSIS
 
Contributor
Date 2010-11-19
 
Type info:eu-repo/semantics/article info:eu-repo/semantics/publishedVersion — —
Format application/pdf text/html text/xml
Identifier 10.4102/sajs.v106i11/12.422
 
Source South African Journal of Science; Vol 106, No 11/12 (2010); 7 pages 1996-7489 0038-2353
 
Language eng
 
Relation
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https://journals.sajs.aosis.co.za/index.php/sajs/article/view/422/494 https://journals.sajs.aosis.co.za/index.php/sajs/article/view/422/515 https://journals.sajs.aosis.co.za/index.php/sajs/article/view/422/516 https://journals.sajs.aosis.co.za/index.php/sajs/article/downloadSuppFile/422/1260 https://journals.sajs.aosis.co.za/index.php/sajs/article/downloadSuppFile/422/1261 https://journals.sajs.aosis.co.za/index.php/sajs/article/downloadSuppFile/422/1262 https://journals.sajs.aosis.co.za/index.php/sajs/article/downloadSuppFile/422/1263 https://journals.sajs.aosis.co.za/index.php/sajs/article/downloadSuppFile/422/1264 https://journals.sajs.aosis.co.za/index.php/sajs/article/downloadSuppFile/422/1265 https://journals.sajs.aosis.co.za/index.php/sajs/article/downloadSuppFile/422/1266
 
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Rights Copyright (c) 2010 Chenxi Shao, Lizhong Wang, Lipeng Xiao, Jinliang Wu https://creativecommons.org/licenses/by/4.0
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