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What is Big Data in Inventory Forecasting Models about?

This research paper explores the development of advanced inventory forecasting models utilizing big data technologies to enhance accuracy in supply chain management. It critiques traditional forecasting methods for their limitations in handling complex datasets and proposes a hybrid model that combines statistical techniques with machine learning algorithms. The findings indicate that integrating big data analytics significantly improves forecasting accuracy and operational efficiency, while also identifyin

Author

Daniel Owusu Sarkwah

Language

EN