{"title":"高通胀率随机需求情景下的库存决策 - 机器学习方法","authors":"Vinu Siriwardena , Dilina Kosgoda , H. Niles Perera , Izabela Nielsen","doi":"10.1016/j.ifacol.2024.09.113","DOIUrl":null,"url":null,"abstract":"<div><div>This study examined the effects of hyperinflation on inventory decisions using a real-world dataset obtained from a leading retail company in Sri Lanka during the hyperinflation period of 2022 and developed a Machine Learning model to forecast optimal order quantities with the intention of lowering inventory holding costs. Six distinct ML techniques were selected to identify the best ML model. Root Mean Squared Error and R Squared values were used to rigorously evaluate the performance of the six ML techniques. The results suggest Random Forest as the most appropriate ML model to forecast optimal order quantities during a high inflation situation.</div></div>","PeriodicalId":37894,"journal":{"name":"IFAC-PapersOnLine","volume":"58 19","pages":"Pages 133-138"},"PeriodicalIF":0.0000,"publicationDate":"2024-01-01","publicationTypes":"Journal Article","fieldsOfStudy":null,"isOpenAccess":false,"openAccessPdf":"","citationCount":"0","resultStr":"{\"title\":\"Inventory Decisions Under Stochastic Demand Scenario with High Inflation Rate – Machine Learning Approach\",\"authors\":\"Vinu Siriwardena , Dilina Kosgoda , H. Niles Perera , Izabela Nielsen\",\"doi\":\"10.1016/j.ifacol.2024.09.113\",\"DOIUrl\":null,\"url\":null,\"abstract\":\"<div><div>This study examined the effects of hyperinflation on inventory decisions using a real-world dataset obtained from a leading retail company in Sri Lanka during the hyperinflation period of 2022 and developed a Machine Learning model to forecast optimal order quantities with the intention of lowering inventory holding costs. Six distinct ML techniques were selected to identify the best ML model. Root Mean Squared Error and R Squared values were used to rigorously evaluate the performance of the six ML techniques. The results suggest Random Forest as the most appropriate ML model to forecast optimal order quantities during a high inflation situation.</div></div>\",\"PeriodicalId\":37894,\"journal\":{\"name\":\"IFAC-PapersOnLine\",\"volume\":\"58 19\",\"pages\":\"Pages 133-138\"},\"PeriodicalIF\":0.0000,\"publicationDate\":\"2024-01-01\",\"publicationTypes\":\"Journal Article\",\"fieldsOfStudy\":null,\"isOpenAccess\":false,\"openAccessPdf\":\"\",\"citationCount\":\"0\",\"resultStr\":null,\"platform\":\"Semanticscholar\",\"paperid\":null,\"PeriodicalName\":\"IFAC-PapersOnLine\",\"FirstCategoryId\":\"1085\",\"ListUrlMain\":\"https://www.sciencedirect.com/science/article/pii/S2405896324015210\",\"RegionNum\":0,\"RegionCategory\":null,\"ArticlePicture\":[],\"TitleCN\":null,\"AbstractTextCN\":null,\"PMCID\":null,\"EPubDate\":\"\",\"PubModel\":\"\",\"JCR\":\"Q3\",\"JCRName\":\"Engineering\",\"Score\":null,\"Total\":0}","platform":"Semanticscholar","paperid":null,"PeriodicalName":"IFAC-PapersOnLine","FirstCategoryId":"1085","ListUrlMain":"https://www.sciencedirect.com/science/article/pii/S2405896324015210","RegionNum":0,"RegionCategory":null,"ArticlePicture":[],"TitleCN":null,"AbstractTextCN":null,"PMCID":null,"EPubDate":"","PubModel":"","JCR":"Q3","JCRName":"Engineering","Score":null,"Total":0}
引用次数: 0
摘要
本研究利用 2022 年恶性通货膨胀期间从斯里兰卡一家领先零售公司获得的真实世界数据集,研究了恶性通货膨胀对库存决策的影响,并开发了一个机器学习模型来预测最佳订货量,以期降低库存持有成本。我们选择了六种不同的 ML 技术来确定最佳 ML 模型。使用均方根误差和 R 平方值来严格评估六种 ML 技术的性能。结果表明,随机森林是预测高通货膨胀情况下最佳订货量的最合适的 ML 模型。
Inventory Decisions Under Stochastic Demand Scenario with High Inflation Rate – Machine Learning Approach
This study examined the effects of hyperinflation on inventory decisions using a real-world dataset obtained from a leading retail company in Sri Lanka during the hyperinflation period of 2022 and developed a Machine Learning model to forecast optimal order quantities with the intention of lowering inventory holding costs. Six distinct ML techniques were selected to identify the best ML model. Root Mean Squared Error and R Squared values were used to rigorously evaluate the performance of the six ML techniques. The results suggest Random Forest as the most appropriate ML model to forecast optimal order quantities during a high inflation situation.
期刊介绍:
All papers from IFAC meetings are published, in partnership with Elsevier, the IFAC Publisher, in theIFAC-PapersOnLine proceedings series hosted at the ScienceDirect web service. This series includes papers previously published in the IFAC website.The main features of the IFAC-PapersOnLine series are: -Online archive including papers from IFAC Symposia, Congresses, Conferences, and most Workshops. -All papers accepted at the meeting are published in PDF format - searchable and citable. -All papers published on the web site can be cited using the IFAC PapersOnLine ISSN and the individual paper DOI (Digital Object Identifier). The site is Open Access in nature - no charge is made to individuals for reading or downloading. Copyright of all papers belongs to IFAC and must be referenced if derivative journal papers are produced from the conference papers. All papers published in IFAC-PapersOnLine have undergone a peer review selection process according to the IFAC rules.