Prediction Limits for Poisson INAR(1) Process
Djemili2, Khreshna Syuhada1,2, Abdulhamid Alzaid2 & Salah . 2015
Abstract. We discuss the problem of deriving an estimative prediction limit as well as a simulation-based improved prediction limit for a future realization from the stationary, first-order Poisson INAR(1) process. An assessment of these limits was carried out by calculating their coverage probability, conditional on the last observation. It was found that while an estimative prediction limit may always be calculated, an improved prediction limit may not be obtained due to its discreteness and expectation to obtain a coherent prediction.
In this paper, a periodic-review dynamic production inventory system for a single reusable product is investigated. There are two
stocks, one for the serviceable items and one for the…
Abstract. We discuss the problem of deriving an estimative prediction limit as well as a simulation-based improved prediction limit for a future realization from the stationary, first-order…