2016
Authors
Lopes, T; Fernandes, P; Barbosa, A; Pereira, C;
Publication
2016 11TH IBERIAN CONFERENCE ON INFORMATION SYSTEMS AND TECHNOLOGIES (CISTI)
Abstract
Personnel scheduling problems are widely studied both by the scientific community and by the human resource managers of the companies. The financial impact of the decisions, the welfare of the employees, or more subjective concepts like "fairness" and "balance", turn this case into much more than just a routine problem. When it comes to medical personnel scheduling, additional difficulties can be found, such as uninterrupted work (24 hours per day, 7 days per week), or the quality of service that has to be ensured. The work presented in this paper was based on the rules defined in INRCII - Second International Nurse Rostering Competition - but always with the vision of creating the necessary basis for the future development of an automatic and optimized generic personnel scheduling software.
2016
Authors
Fernandes, P; Pereira, CS; Barbosa, A;
Publication
JOURNAL OF SCHEDULING
Abstract
At a time when the need to reduce costs has become part of the day-to-day reality of all educational institutions, it is unthinkable to continue to manually perform those tasks (i.e., the creation of timetables) that can be automated and optimized. The automatic creation of timetables for educational institutions is one of the most studied problems by the scientific community. However, almost all studies have been based on very simplified models of reality that have no practical application. A realistic model of the problem, robust algorithms that are able to find valid solutions in highly restricted environments, and optimization methods that are able to quickly provide quality results are key factors to consider when attempting to solve this (real) problem faced by educational institutions. This paper presents a summary of the work performed by Bullet Solutions over the last few years, from the first stage of understanding and modelling the problem to the final analysis of the results obtained using the developed software under real conditions.
2016
Authors
Ramos, P; Oliveira, JM;
Publication
ALGORITHMS
Abstract
In this work, a cross-validation procedure is used to identify an appropriate Autoregressive Integrated Moving Average model and an appropriate state space model for a time series. A minimum size for the training set is specified. The procedure is based on one-step forecasts and uses different training sets, each containing one more observation than the previous one. All possible state space models and all ARIMA models where the orders are allowed to range reasonably are fitted considering raw data and log-transformed data with regular differencing (up to second order differences) and, if the time series is seasonal, seasonal differencing (up to first order differences). The value of root mean squared error for each model is calculated averaging the one-step forecasts obtained. The model which has the lowest root mean squared error value and passes the Ljung-Box test using all of the available data with a reasonable significance level is selected among all the ARIMA and state space models considered. The procedure is exemplified in this paper with a case study of retail sales of different categories of women's footwear from a Portuguese retailer, and its accuracy is compared with three reliable forecasting approaches. The results show that our procedure consistently forecasts more accurately than the other approaches and the improvements in the accuracy are significant.
2016
Authors
Nagarajan, R; Ramos, P;
Publication
ADVANCES IN MANUFACTURING TECHNOLOGY XXX
Abstract
The progress in medical science and the decline of altruistic behavior of couples introduced to the world the ageing problem. The existence of ageing is more experienced by developed countries. Researchers and policy makers are constantly trying to find ways to study the impacts of ageing since the issue is unprecedented in our history. However, the majority of the literature focus more on immediate mechanisms such as public expenditures and somehow neglected the influence of ageing on manufacturing sector. Thus, through panel data, we studied the influence of ageing on manufacturing sectors. The empirical study was carried out on six developed countries namely Japan, Germany, Italy, Greece, Finland and Portugal that have high ageing population. Our results suggest that the growth of the old age group over 65 years old will have significantly negative influence on percentage contribution of manufacturing to the GDP of these countries. Moreover, the results also demonstrate that a country with a higher proportion of old age group over working group will face fall in the manufacturing.
2016
Authors
Ribeiro, C; Oliveira, JM; Ramos, P;
Publication
ADVANCES IN MANUFACTURING TECHNOLOGY XXX
Abstract
Aggressive marketing causes rapid changes in consumer behavior and some significant impact in the retail business. In this context, the sales forecasting at the SKU level can help retailers to become more competitive by reducing inventory investment and distribution costs. Sales forecasts are often obtained combining basic univariate forecasting models with empirical judgment. However, more effective forecasting methods can be obtained by incorporating promotional information, including price, percentage of discount (direct discount or loyalty card discount), calendar events and weekend indicators not only from the focal product but also from its competitors. To deal with the high dimensionality of the variable space, we propose a two-stage LASSO regression to select optimal predictors and estimate the model parameters. At the first stage, only focal SKUs promotional explanatory variables are included in the Autoregressive Distributed Lag model. At the second stage, the in-sample forecast errors from the first stage are regressed on the explanatory variables from the other SKUs in the same category with the focal SKU, and to use that information more effectively three different approaches were considered: select the five top sales SKUs, include all raw promotional information, and preprocess raw information using Principal Component Analysis. The empirical results obtained using daily data from a Portuguese retailer show that the inclusion of promotional information from SKUs in the same category may improve the forecast accuracy and that better overall forecasting results may be obtained if the best model for each SKU is selected.
2016
Authors
Pinho, JM; Oliveira, JM; Ramos, P;
Publication
ADVANCES IN MANUFACTURING TECHNOLOGY XXX
Abstract
Sales forecasts gained more importance in the retail industry with the increasing of promotional activity, not only because of the considerable portion of products under promotion but also due to the existence of promotional activities, which boost product sales and make forecasts more difficult to obtain. This study is performed with real data from a Portuguese consumer goods retail company, from January 2012 until April 2015. To achieve the purpose of the study, dynamic regression is used based on information of the focal product and its competitors, with seasonality modelled using Fourier terms. The selection of variables to be included in the model is done based on the lowest value of AIC in the train period. The forecasts are obtained for a test period of 30 weeks. The forecasting models overall performance is analyzed for the full period and for the periods with and without promotions. The results show that our proposed dynamic regression models with price and promotional information of the focal product generate substantially more accurate forecasts than pure time series models for all periods studied.
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