Accurate demand forecasting is key for companies to optimize inventory management and satisfy customer demand efficiently. This paper aims to Investigate on the application of generative AI models in demand forecasting. Two models were used: Long Short-Term Memory (LSTM) networks and Variational Autoencoder (VAE), and results were compared to select the optimal model in terms of performance and forecasting accuracy. The difference of actual and predicted demand values also ascertain LSTM’s ability to identify latent features and basic trends in the data. Further, some of the research works were focused on computational efficiency and scalability of the proposed methods for providing the guidelines to the companies for the implementation of the complicated techniques in demand forecasting. Based on these results, LSTM networks have a promising application in enhancing the demand forecasting and consequently helpful for the decision-making process regarding inventory control and other resource allocation.
Abrupt changes in environmental temperature, wind and humidity can lead to great threats to human life safety. The Gansu marathon disaster of China highlights the importance of early warning of hypothermia from extremely low apparent temperature (AT). Here a deep convolutional neural network model together with a statistical downscaling framework is developed to forecast environmental factors for 1 to 12 h in advance to evaluate the effectiveness of deep learning for AT prediction at 1 km resolution. The experiments use data for temperature, wind speed and relative humidity in ERA-5 and the results show that the developed deep learning model can predict the upcoming extreme low temperature AT event in the Gansu marathon region several hours in advance with better accuracy than climatological and persistence forecasting methods. The hypothermia time estimated by the deep learning method with a heat loss model agrees well with the observed estimation at 3-hour lead. Therefore, the developed deep learning forecasting method is effective for short-term AT prediction and hypothermia warnings at local areas.
Copyright © by EnPress Publisher. All rights reserved.