Intelligent computational techniques of machine learning models for demand analysis and prediction

G. Naveen Sundar, K. Anushka Xavier, D. Narmadha, K. Martin Sagayam, A. Amir Anton Jone, Marc Pomplun, Helen Dang

Research & Scholarship: Contribution to journalArticlepeer-review

Abstract

In the proposed model, a novel approach is introduced to discover an optimal machine learning model for food demand prediction. To create an exemplary model, we used twelve different machine learning models to analyse and interpret the historical data. Feature engineering techniques have been deployed to yield better performance. All methods were evaluated using RMSE evaluation metrics to determine the optimal model. Our methodology is one of its kind to reduce the error rate to a marginal level. The novelty of our research is that the root mean square error (RMSE) value for the demand prediction was reduced to 2.61e-16 using linear regression, thus achieving a better performance. The random forest, decision tree, and extreme gradient boosting regression also performed well, producing an RMSE value of 1.42e-9, 1.93e-15, and 4.87e-18 respectively. The predictive power of the system was 100% for R-squared metrics.
Original languageAmerican English
JournalInternational Journal of Intelligent Information and Database Systems
Volume16
DOIs
StatePublished - Jan 12 2023

Keywords

  • demand prediction
  • machine learning
  • linear regression
  • feature extraction

Disciplines

  • Business
  • Computer Sciences

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