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Optimizing Forecasting Methods For Ustranscom Railcar Demands, James M. Park
Optimizing Forecasting Methods For Ustranscom Railcar Demands, James M. Park
Theses and Dissertations
The United States military heavily relies on rail freight operations to meet many of its logistical needs during both peacetime and wartime efforts. As the head organization responsible for managing and overseeing all modes of military transportation, United States Transportation Command depends on timely accurate railcar demand forecasts to drive critical decisions on distribution and placement of railcar assets. However, the intermittent nature of railcar demands based on location and commodity make it a challenging task for forecasters. Furthermore, these “lumpy” demands often come without any obvious trends or seasonality. This study explores the utility of both traditional forecasting methods …