scholarly journals A Data Mining Practical Approach to Inventory Management and Logistics Optimization

Author(s):  
Bambang Pujiarto
2008 ◽  
pp. 2792-2797
Author(s):  
Chi Kin Chan

The traditional approach to forecasting involves choosing the forecasting method judged most appropriate of the available methods and applying it to some specific situations. The choice of a method depends upon the characteristics of the series and the type of application. The rationale behind such an approach is the notion that a “best” method exists and can be identified. Further that the “best” method for the past will continue to be the best for the future. An alternative to the traditional approach is to aggregate information from different forecasting methods by aggregating forecasts. This eliminates the problem of having to select a single method and rely exclusively on its forecasts.


Author(s):  
Risnamawati Ndruru ◽  
Paska Marto Hasugian

Booking is an activity carried out by certain parties to ensure availability, in carrying out certain activities the company has a supply of material in quantities that exceed the needs. As a result, in the warehouse there is a buildup of raw materials or it can happen otherwise. Inventories of materials that are too small can hinder the company's operations in the form of unavailability of materials when needed. The role of inventory will determine the operation of the company because the inventory will run well if supported by good management. Therefore, the concept of inventory management that affects ordering is very important to be applied by companies so that the goals of effectiveness and efficiency are achieved. So we need a Data Mining that can quickly to determine the Determination of Food Raw Material Ordering Patterns in Restaurant Fountain Using Apriori. Data Mining is the extraction of new information taken from large chunks of data that helps in making decisions. One of the applications of data mining for Determining the Pattern of Ordering Food Raw Materials in Restaurant Fountain Using Apriori. Apriori method is a method for determining frequent itemsets for boolean association rules. The research aims to build the application of Determining the Pattern of Ordering Food Raw Materials in Restaurant Fountain with a web-based application and as a tool for designing applications using the Mysql Database. This data mining is able to determine the ordering of food items in the Restaurant Fountain with the required amount.  


2020 ◽  
Author(s):  
Shashi Bhushan ◽  
Sanjay Kumar Tiwari

Abstract The Air Quality Index (AQI) is an air quality standards pointer based on air pollutants that have negative impacts on human health and the environment.Due to many human achievements, air pollution is increasing very rapidly and it is the introduction of chemicals, particles or organic materials into the atmosphere that harms the human environment and the natural environment.Indeed, air pollution in metropolitan and industrial cities is one of the major environmental problems. Therefore it is very important to predict pollution and avoid these problems.One of the most exciting and difficult functions is the forecast of air pollution using data mining. Many systems are intentionally help with data storage, inventory management, and convenient data creation.India's air quality indicator is a standard measure used to indicate pollution (so2, no2, rspm, spm, etc.) from time to time. The main objective of the current study is to estimate the temporal AQI used by the previous day AQI and to predict and visualize the temporal data mine using a slope interval and an arbitrary forecasting process of climate change. In Navigation Forecast, we divide the database into 85% data and 15% data based on data testing and training to determine seasonal variations and styles. Balancing problems are often exploited by problems and forecasting uses an arbitrary forecasting process and gradient idle time. Air quality forecast based on at least one year's forecast as a reliable slope using historical data of previous years and a persistent problem.


2020 ◽  
Author(s):  
Shashi Bhushan ◽  
Sanjay Kumar Tiwari

Abstract The Air Quality Index (AQI) is an air quality standards indicator based on air pollutants that have negative impacts on human health and the environment. Because of several human activities, air pollution is growing very quickly, and it is the introduction of chemicals, particulate matter or biological materials into the atmosphere that cause human suffering and also harms the natural environment. Indeed, air pollution in metropolitan and industrial cities is one of the major environmental problems. So predicting pollution and avoiding these issues is very crucial. One of the most exciting and difficult functions is the forecast of air pollution using data mining. Many systems are designed to help data storage, inventory management and convenient statistics generation. India's air quality indicator is a standard measure used to indicate pollution (so2, no2, rspm, spm, etc.) from time to time. The main purpose of the current study is to predict the temporal AQI used by the previous day AQI and climate change is used to predict and visualize the temporary data mine using a gradient break and an unreasonable forecasting process. In Navigation Forecast, we divide the database into 85% data and 15% data based on data testing and training to determine seasonal variations and styles. Balance problems are often exploited by problems and forecasting uses an unreasonable prediction process and gradient downtime. Air quality forecasts based on historical data of previous years and predictions for less than a year as a reputable gradient using a recurring problem.


Author(s):  
Deepak Kumar ◽  
V. K. Saxena ◽  
H. P. Tiwari ◽  
B. T. Aleti ◽  
V. K. Tiwary

Author(s):  
Reshu Agarwal

Timely identification of newly emerging trends is needed in business process. Data mining techniques are best suited for the classification, useful patterns extraction and predications which are very important for business support and decision making. Some research studies have also extended the usage of this concept in inventory management to determine opportunity cost based on association rules. Yet, not many research studies have considered the application of the data mining approach on evaluating penalty cost which is also a significant factor to the manager for optimal inventory control. In this paper, two different cases for evaluating penalty cost based on cross-selling effect are presented. An example is illustrated to validate the results.


Author(s):  
Chi Kin Chan ◽  
Heung Wong ◽  
Wan Kai Pang ◽  
Marvin D. Troutt

This chapter is a case study in combining forecasts for inventory management in which the need for data mining in combination forecasts is necessary. The need comes from selection of sample items on which forecasting strategy can be made for all items, selection of constituent forecasts to be combined and selection of weighting method for the combination. A leading bank in Hong Kong consumes more than 300 kinds of printed forms for its daily operations. A major problem of its inventory control system for such forms management is to forecast their monthly demand. The bank currently uses simple forecasting methods such as simple moving average and simple exponential smoothing for its inventory demands. In this research, the individual forecasts come from well-established time series models. The weights for combination are estimated with quadratic programming. The combined forecast is found to perform better than any of the individual forecasts. Some insights in data mining for this context are obtained.


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