Automotive OEM Demand Forecasting: A Comparative Study of Forecasting Algorithms and Strategies

Automotive OEM Demand Forecasting: A Comparative Study of Forecasting Algorithms and Strategies

Demand forecasting is a crucial component of demand management, directly impacting manufacturing companies’ planning, revenues, and actors through the supply chain. We evaluate 21 baseline, statistical, and machine learning algorithms to forecast smooth and erratic demand on a real-world use case sc...

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Bibliographic Details
Main Authors: Jože M. Rožanec, Blaž Kažič, Maja Škrjanc, Blaž Fortuna, Dunja Mladenić
Format: Article
Language:English
Published: MDPI AG 2021-07-01
Series:Applied Sciences
Subjects:
demand forecasting
smart manufacturing
artificial intelligence
supply chain agility
digital twin
Online Access:https://www.mdpi.com/2076-3417/11/15/6787

Internet

https://www.mdpi.com/2076-3417/11/15/6787

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