The partial relations between monetary and interpurchase time in customer purchase behavior

Huang, Hui-Hsin

doi:10.2495/cccs130191

Cited by 1 publication

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“…This paper focuses on the topic of complement materials. To extend the definition of complement goods to materials, two different kinds of materials are complementary if using more of one material requires the use of more of another[5, [7][8]. Thus, when estimating the production demand quantity in the manufacturing process management, we should consider these complement materials together to make production decision [7][8].…”

Section: Introductionmentioning

confidence: 99%

“…To extend the definition of complement goods to materials, two different kinds of materials are complementary if using more of one material requires the use of more of another[5, [7][8]. Thus, when estimating the production demand quantity in the manufacturing process management, we should consider these complement materials together to make production decision [7][8]. Based on this view of point, the demand quantity complement materials will case influence on forecasting the duration of manufacturing process between these two complement materials.…”

Section: Introductionmentioning

confidence: 99%

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Predicting the Duration of Manufacturing Process with Two Complement Materials

Huang¹

2016

KEM

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In the marketing, there are some correlated between two complement materials when predicting the duration of manufacturing process. Two different kinds of materials are complementary if using more of one material requires the use of more of another. Thus, based on this view of point, when we estimate the production demand quantity, we can’t consider these two durations of manufacturing process as dependent. In this paper we propose the bivariate exponential distribution to model two related manufacturing durations of two complement materials. Finally, we demonstrate both MLE and moment methods to estimate the parameters of our model. This can provide the reference for the future study to choice a suitable estimation.

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