Experiments on Combining Demand Forecasts with Semiconductor Data
نویسندگان
چکیده
In this paper we test several forecast combination methods on industrial demand and forecast data from a semiconductor company. The tested combination methods include four popular methods existing in the literature, and new methods proposed in a companion paper. There are two forecasts to be combined: a time series forecast and a marketing forecast. According to the experiments, combining different demand forecasts does help to improve accuracy. The new combination methods proposed by authors have better and more stable performance than the others. The application of appropriate non-linear transformations to the original demand and forecast data before feeding it into the combination models is strongly recommended.
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