Title :
Toward managing demand variability by neuro-fuzzy approach
Author :
Wang, Wen-Pai ; Chiu, Chun-Chih
Author_Institution :
Dept. of Ind. Eng. & Manage., Nat. Chin-Yi Univ. of Technol., Taichung, Taiwan
Abstract :
Because of globalization, fast changes of technology and short life cycle of products, enhancing the accuracy of demand forecasts becomes one of the important issues for managers. The objective of this paper is to analyze and explore given data of orders using adaptive neuro-fuzzy inference system (ANFIS) and to draw up, by ANFIS learning mechanism, the relational rules from historical order data, whereby to construct the needed forecasting model, hoping to make accurate forecasts according to the demand variability. Afterward the proposed forecasting model is compared with the conventional regression analysis and back-propagation network to verify its feasibility and validity.
Keywords :
backpropagation; demand forecasting; fuzzy neural nets; fuzzy reasoning; globalisation; product life cycle management; regression analysis; ANFIS learning mechanism; adaptive neuro-fuzzy inference system; back-propagation network; demand forecasts; demand variability; forecasting model; globalization; historical order data; neuro-fuzzy approach; regression analysis; relational rules; short product life cycle; Accuracy; Artificial neural networks; Data models; Forecasting; Marketing and sales; Predictive models; Training; ANFIS; Forecasting; demand variability;
Conference_Titel :
Industrial Engineering and Engineering Management (IEEM), 2010 IEEE International Conference on
Conference_Location :
Macao
Print_ISBN :
978-1-4244-8501-7
Electronic_ISBN :
2157-3611
DOI :
10.1109/IEEM.2010.5674595