Evaluation of hierarchical forecasting for substitutable products

• Main Authors: Viswanathan, S., Piplani, R., Widiarta, Handik
• Other Authors: Nanyang Business School
• Format: Article
• Language: English
• Published: 2013
• Subjects: Business
• Online Access: https://hdl.handle.net/10356/100751; http://hdl.handle.net/10220/18141
• Institution: Nanyang Technological University

This paper addresses hierarchical forecasting in a production planning environment. Specifically, we examine the relative effectiveness of Top-Down (TD) and Bottom-Up (BU) strategies for forecasting the demand for a substitutable product (which belongs to a family) as well as the demand for the prod...