Related papers: Enhancing Retail Sales Forecasting with Optimized …
Demand forecasting in supply chain management (SCM) is critical for optimizing inventory, reducing waste, and improving customer satisfaction. Conventional approaches frequently neglect external influences like weather, festivities, and…
Techniques for making future predictions based upon the present and past data, has always been an area with direct application to various real life problems. We are discussing a similar problem in this paper. The problem statement is…
In recent years, machine learning (ML) techniques have become a powerful tool for improving the accuracy of predictions and decision-making. Machine learning technologies have begun to penetrate all areas, including the real estate sector.…
Predictions are a central part of water resources research. Historically, physically-based models have been preferred; however, they have largely failed at modeling hydrological processes at a catchment scale and there are some important…
Reinforcement learning (RL) is gaining attention by more and more researchers in quantitative finance as the agent-environment interaction framework is aligned with decision making process in many business problems. Most of the current…
Accurate demand forecasting is critical for brick-and-mortar retailers to optimize inventory management and minimize costs. This study evaluates statistical baselines, tree-based ensembles (XGBoost and LightGBM), and deep learning…
The increasing scale and complexity of global supply chains have led to new challenges spanning various fields, such as supply chain disruptions due to long waiting lines at the ports, material shortages, and inflation. Coupled with the…
Standard LSTM(Long Short-Term Memory) neural networks provide accurate predictions for sales data in the retail industry, but require a lot of computing power. It can be challenging especially for mid to small retail industries. This paper…
Employing a large dataset (at most, the order of n = 10^6), this study attempts enhance the literature on the comparison between regression and machine learning (ML)-based rent price prediction models by adding new empirical evidence and…
Hierarchical forecasting (HF) is needed in many situations in the supply chain (SC) because managers often need different levels of forecasts at different levels of SC to make a decision. Top-Down (TD), Bottom-Up (BU) and Optimal…
Among the various types of cyberattacks, identifying zero-day attacks is problematic because they are unknown to security systems as their pattern and characteristics do not match known blacklisted attacks. There are many Machine Learning…
Random Forests (RF) is a popular machine learning method for classification and regression problems. It involves a bagging application to decision tree models. One of the primary advantages of the Random Forests model is the reduction in…
Load forecasting has always been a challenge for grid operators due to the growing complexity of power systems. The increase in extreme weather and the need for energy from customers has led to load forecasting sometimes failing. This…
With recent advances in artificial intelligence, machine learning (ML) approaches have become an attractive tool in petroleum engineering, particularly for reservoir characterizations. A key reservoir property is hydrocarbon recovery factor…
Random forest regression (RF) is an extremely popular tool for the analysis of high-dimensional data. Nonetheless, its benefits may be lessened in sparse settings due to weak predictors, and a pre-estimation dimension reduction (targeting)…
From cutting costs to improving customer experience, forecasting is the crux of retail supply chain management (SCM) and the key to better supply chain performance. Several retailers are using AI/ML models to gather datasets and provide…
Site-specific weather forecasts are essential to accurate prediction of power demand and are consequently of great interest to energy operators. However, weather forecasts from current numerical weather prediction (NWP) models lack the…
The Random Forest (RF) classifier is often claimed to be relatively well calibrated when compared with other machine learning methods. Moreover, the existing literature suggests that traditional calibration methods, such as isotonic…
This study proposes a novel hybrid deep learning framework that integrates a Large Language Model (LLM) with a Transformer architecture for stock price forecasting. The research addresses a critical theoretical gap in existing approaches…
As the parameters of Large Language Models (LLMs) have scaled to hundreds of billions, the demand for efficient training methods -- balancing faster computation and reduced memory usage without sacrificing accuracy -- has become more…