Actuarial forecasts are practical for all products and service parts, including automotive aftermarket service parts. They have been used by the Air Force Material Command for service planning and parts procurement for major engine modules [1, 2], and airlines use them for “fracture critical” engine and structure parts. An automotive aftermarket information provider sells actuarial forecasts of parts demands. It reports that its clients see profits increase 15% when they stock parts accordingly. Actuarial forecast accuracy and precision are substantially better than those of forecasts based on time series extrapolation [3].


    Access

    Check access

    Check availability in my library

    Order at Subito €


    Export, share and cite



    Title :

    Actuarial Forecasts for the Automotive Aftermarket


    Additional title:

    Sae Technical Papers


    Contributors:

    Conference:

    SAE 2004 World Congress & Exhibition ; 2004



    Publication date :

    2004-03-08




    Type of media :

    Conference paper


    Type of material :

    Print


    Language :

    English




    Actuarial Forecasts for the Automotive Aftermarket

    George, L. L. / Society of Automotive Engineers | British Library Conference Proceedings | 2004


    Actuarial Forecasts for the Automotive Aftermarket

    George, L. L. / Society of Automotive Engineers | British Library Conference Proceedings | 2004


    Actuarial forecasts for the automotive aftermarket

    George,L.L. / Problem Solving Tools,US | Automotive engineering | 2004