UPDF AI

Integrated hierarchical forecasting

C. Pennings,J. Dalen

2017 · DOI: 10.1016/j.ejor.2017.04.047
European Journal of Operational Research · 50 Citations

TLDR

This integrated approach uses a state space model and the Kalman filter to explicitly incorporate product dependencies, such as complementarity of products and product substitution, which are otherwise ignored.