Customer demand forecasting based on SVR using moving time window method

Hua Li Sun, Rui Xia Jia, Yao Feng Xue*

*Corresponding author for this work

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

2 Scopus citations

Abstract

The principles of Support Vector Regression (SVR) are described. The collection and treatment of customer demand, the moving time window method, the selection of training samples and the analysis of forecasting accuracy are stated. The customer demand forecasting approach based on SVR using moving time window method is proposed. With the demand data of a simulation example, the presented approach is used to forecast the demand values for 7 days ahead. The average forecasting error is less than 2%. The simulation results demonstrate the approach is feasible and valid in customer demand forecasting.

Original languageEnglish
Title of host publicationIE and EM 2009 - Proceedings 2009 IEEE 16th International Conference on Industrial Engineering and Engineering Management
Pages104-107
Number of pages4
DOIs
StatePublished - 2009
Event2009 IEEE 16th International Conference on Industrial Engineering and Engineering Management, IE and EM 2009 - Beijing, China
Duration: 21 Oct 200923 Oct 2009

Publication series

NameIE and EM 2009 - Proceedings 2009 IEEE 16th International Conference on Industrial Engineering and Engineering Management

Conference

Conference2009 IEEE 16th International Conference on Industrial Engineering and Engineering Management, IE and EM 2009
Country/TerritoryChina
CityBeijing
Period21/10/0923/10/09

Keywords

  • Forecasting
  • Moving time window
  • SVR

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