LGAINEMay 23, 2022

Forecasting of Non-Stationary Sales Time Series Using Deep Learning

arXiv:2205.11636v15 citationsh-index: 10
Originality Synthesis-oriented
AI Analysis

This addresses forecasting challenges for sales data with time trends, but appears incremental as it adds a specific correction to existing neural network methods.

The paper tackled forecasting non-stationary sales time series by incorporating a time trend correction block into a deep learning model, resulting in essentially improved forecasting accuracy.

The paper describes the deep learning approach for forecasting non-stationary time series with using time trend correction in a neural network model. Along with the layers for predicting sales values, the neural network model includes a subnetwork block for the prediction weight for a time trend term which is added to a predicted sales value. The time trend term is considered as a product of the predicted weight value and normalized time value. The results show that the forecasting accuracy can be essentially improved for non-stationary sales with time trends using the trend correction block in the deep learning model.

Foundations

The foundational work for this paper's niche, ranked by how specifically the neighbourhood builds on it — not by global fame.

Your Notes