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The accurate assessment of fish stocks is crucial for sustainable fisheries management. However, existing statistical stock assessment models can have low forecast performance of relevant stock parameters like recruitment or spawning stock…

We encounter time series data in many domains such as finance, physics, business, and weather. One of the main tasks of time series analysis, one that helps to take informed decisions under uncertainty, is forecasting. Time series are often…

Supply chain management (SCM) faces significant challenges like demand fluctuations and the bullwhip effect. Traditional methods and even state-of-the-art LLMs struggle with benchmarks like the Vending Machine Test, failing to handle SCM's…

In recent years, effectively modeling multivariate time series has gained significant popularity, mainly due to its wide range of applications, ranging from healthcare to financial markets and energy management. Transformers, MLPs, and…

Nowadays Big Data are becoming more and more important. Many sectors of our economy are now guided by data-driven decision processes. Big Data and business intelligence applications are facilitated by the MapReduce programming model while,…

We move beyond "Is Machine Learning Useful for Macroeconomic Forecasting?" by adding the "how". The current forecasting literature has focused on matching specific variables and horizons with a particularly successful algorithm. In…

Reinforcement Learning (RL) algorithms can suffer from poor sample efficiency when rewards are delayed and sparse. We introduce a solution that enables agents to learn temporally extended actions at multiple levels of abstraction in a…

Conversion rate (CVR) prediction is one of the core components in online recommender systems, and various approaches have been proposed to obtain accurate and well-calibrated CVR estimation. However, we observe that a well-trained CVR…

Time series forecasting is an important task in many fields ranging from supply chain management to weather forecasting. Recently, Transformer neural network architectures have shown promising results in forecasting on common time series…

Financial forecasting has been an important and active area of machine learning research because of the challenges it presents and the potential rewards that even minor improvements in prediction accuracy or forecasting may entail.…

Hierarchical Temporal Memory (HTM) is an unsupervised learning algorithm inspired by the features of the neocortex that can be used to continuously process stream data and detect anomalies, without requiring a large amount of data for…

Factorization machines (FMs) are a supervised learning approach that can use second-order feature combinations even when the data is very high-dimensional. Unfortunately, despite increasing interest in FMs, there exists to date no efficient…

Electrical utilities depend on short-term demand forecasting to proactively adjust production and distribution in anticipation of major variations. This systematic review analyzes 240 works published in scholarly journals between 2000 and…

Automated machine learning (AutoML) streamlines the creation of ML models. While most methods select the "best" model based on predictive quality, it's crucial to acknowledge other aspects, such as interpretability and resource consumption.…

Machine learning algorithms are increasingly employed to price or value homes for sale, properties for rent, rides for hire, and various other goods and services. Machine learning-based prices are typically generated by complex algorithms…

Machine learning for time-series forecasting remains a key area of research. Despite successful application of many machine learning techniques, relating computational efficiency to forecast error remains an under-explored domain. This…

This paper introduces an approach to reference class selection in distributional forecasting with an application to corporate sales growth rates using several co-variates as reference variables, that are implicit predictors. The method can…

Errors or failures in a high-volume manufacturing environment can have significant impact that can result in both the loss of time and money. Identifying such failures early has been a top priority for manufacturing industries and various…

Ads demand forecasting for Walmart's ad products plays a critical role in enabling effective resource planning, allocation, and management of ads performance. In this paper, we introduce a comprehensive demand forecasting system that…

Machine learning (ML) models frequently experience performance degradation when deployed in new contexts. Such degradation is rarely uniform: some subgroups may suffer large performance decay while others may not. Understanding where and…