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A systemic view of the ADIDA framework

Spithourakis, Georgios and Petropoulos, Fotios and Nikolopoulos, Konstantinos and Assimakopoulos, Vassilios (2014) A systemic view of the ADIDA framework. IMA Journal of Management Mathematics, 25 (2). pp. 125-137. ISSN 1471-678X

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Abstract

This paper is an attempt to gain mathematical insight into the ADIDA (Aggregate-Disaggregate Intermittent Demand Approach) forecasting framework, by formulating it as a multi-rate signal processing system. After a brief synopsis of the framework’s background, an alternative way to perceive ADIDA from a systemic viewpoint is derived by breaking down its managerial steps into fundamental, well-studied components. Mathematical properties stemming from each separate system block are then thoroughly explored and their practical effects are exemplified through simulated paradigms of common time series patterns. Subsequently, theoretical and practical evidence are combined to draw useful conclusions about the framework’s performance and make suggestions on its application. Finally, guidelines for further research are proposed.

Item Type: Article
Journal or Publication Title: IMA Journal of Management Mathematics
Uncontrolled Keywords: disaggregation ; forecasting framework ; multi-rate processing ; systemic view ; temporal aggregation
Subjects: H Social Sciences > HB Economic Theory
Departments: Lancaster University Management School > Management Science
ID Code: 59274
Deposited By: ep_importer_pure
Deposited On: 17 Oct 2012 11:25
Refereed?: Yes
Published?: Published
Last Modified: 13 Mar 2014 11:12
Identification Number:
URI: http://eprints.lancs.ac.uk/id/eprint/59274

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