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Content available remote A decision support system for demand forecasting based on classifier ensemble
EN
Demand forecasting is the process of constructing forecasting models to estimate the quantities of several products that customers will purchase in the future. When the warehouse and the number of products grow, forecasting the demand becomes dramatically hard. Most of the demand forecasting models rely on a single classifier or a simple combination of these models. In order to improve demand forecasting accuracy, we investigate several different classifiers such as MLP, Bayesian Network, Linear Regression and SMO analyzing their accuracy and performance. Moreover, we also studied some classifier combination techniques by approaching from demand forecasting perspective. In this paper, we propose a methodology to combine various forecasting models using neural networks rather for supporting demand forecasting. The proposed methodology is tested against single classifiers and classifier ensemble models using a real dataset. Experiments indicate that the proposed methodology outperforms all the other single classifiers tested in this study and their simple combinations.
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