Blending Colored and Depth CNN Pipelines in an Ensemble Learning Classification Approach for Warehouse Application Using Synthetic and Real Data

Electric companies face flow control and inventory obstacles such as reliability, outlays, and time-consuming tasks. Convolutional Neural Networks (CNNs) combined with computational vision approaches can process image classification in warehouse management applications to tackle this problem. This study uses synthetic and real images applied to CNNs to deal with classification of inventory items. The results are compared to seek the neural networks that better suit this application. The methodology consists of fine-tuning several CNNs on Red–Green–Blue (RBG) and Red–Green–Blue-Depth (RGB-D) synthetic and real datasets, using the best architecture of each domain in a blended ensemble approach. The proposed blended ensemble approach was not yet explored in such an application, using RGB and RGB-D data, from synthetic and real domains. The use of a synthetic dataset improved accuracy, precision, recall and f1-score in comparison with models trained only on the real domain. Moreover, the use of a blend of DenseNet and Resnet pipelines for colored and depth images proved to outperform accuracy, precision and f1-score performance indicators over single CNNs, achieving an accuracy measurement of 95.23%. The classification task is a real logistics engineering problem handled by computer vision and artificial intelligence, making full use of RGB and RGB-D images of synthetic and real domains, applied in an approach of blended CNN pipelines.

Predicting Inflation Component Drivers in Nigeria: A Stacked Ensemble Approach

Our study examined the disaggregation of inflation components in Nigeria using the stacked ensemble approach, a machine learning algorithm capable of compensating the weakness of a base learner with the strength of another. This approach gives flexibility of a synergistic performance of stacking each base learner and produces a formidable model that yields the highest level of accuracy and best predictive ability. We analyzed the test data, out-of-sample, and our results show a strong accuracy in predicting inflation. Our results further show that food CPI is the most important driver for headline, urban, and rural inflation while bread and cereals is the most important driver for food inflation. However, biscuits, agric rice, garri white are among the top main drivers of bread and cereal inflation. We note that some CPI items that mostly drive inflation have lower weights while others have higher weights therefore, focusing entirely on CPI weights as a policy guide will stymied a successful control of inflation in Nigeria. In addition, ignoring CPI items with lower weights in policy intervention will make inflation difficult to control. Above all, adequate trace of the source of inflation to the least sub-component of each component will help address or formulates an appropriate policy to confront inflation problems in Nigeria.JEL: C53, E37