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© 2023 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.

Abstract

The proportion of the inventory range associated with spare parts is often considered in the industrial context. Therefore, even minor improvements in forecasting the demand for spare parts can lead to substantial cost savings. Despite notable research efforts, demand forecasting remains challenging, especially in areas with irregular demand patterns, such as military logistics. Thus, an advanced model for accurately forecasting this demand was developed in this study. The K-X tank is one of the Republic of Korea Army’s third generation main battle tanks. Data about the spare part consumption of 1,053,422 transactional data points stored in a military logistics management system were obtained. Demand forecasting classification models were developed to exploit machine learning, stacked generalization, and time series as baseline methods. Additionally, various stacked generalizations were established in spare part demand forecasting. The results demonstrated that a suitable selection of methods could help enhance the performance of the forecasting models in this domain.

Details

Title
Demand Forecasting of Spare Parts Using Artificial Intelligence: A Case Study of K-X Tanks
Author
Jae-Dong, Kim 1   VIAFID ORCID Logo  ; Kim, Tae-Hyeong 2   VIAFID ORCID Logo  ; Han, Sung Won 2 

 School of Industrial and Management Engineering, Korea University, Seoul 02481, Republic of Korea; Center for Defense Resource Management, Korea Institute for Defense Analyses, Seoul 02455, Republic of Korea 
 School of Industrial and Management Engineering, Korea University, Seoul 02481, Republic of Korea 
First page
501
Publication year
2023
Publication date
2023
Publisher
MDPI AG
e-ISSN
22277390
Source type
Scholarly Journal
Language of publication
English
ProQuest document ID
2774926648
Copyright
© 2023 by the authors. Licensee MDPI, Basel, Switzerland. This article is an open access article distributed under the terms and conditions of the Creative Commons Attribution (CC BY) license (https://creativecommons.org/licenses/by/4.0/). Notwithstanding the ProQuest Terms and Conditions, you may use this content in accordance with the terms of the License.