2025
Authors
Costa, L; Barbosa, S; Cunha, J;
Publication
CoRR
Abstract
2025
Authors
Freitas, T; Novo, C; Dutra, I; Soares, J; Correia, ME; Shariati, B; Martins, R;
Publication
Software: Practice and Experience
Abstract
2025
Authors
Sousa, MS; Loureiro, ALD; Miguéis, VL;
Publication
EXPERT SYSTEMS WITH APPLICATIONS
Abstract
In today's highly competitive fashion retail market, it is crucial to have accurate demand forecasting systems, namely for new products. Many experts have used machine learning techniques to forecast product sales. However, sales that do not happen due to lack of product availability are often ignored, resulting in censored demand and service levels that are lower than expected. Motivated by the relevance of this issue, we developed a two-stage approach to forecast the demand for new products in the fashion retail industry. In the first stage, we compared four methods of transforming historical sales into historical demand for products already commercialized. Three methods used sales-weighted averages to estimate demand on the days with stock-outs, while the fourth method employed an Expectation-Maximization (EM) algorithm to account for potential substitute products affected by stock-outs of preferred products. We then evaluated the performance of these methods and selected the most accurate one for calculating the primary demand for these historical products. In the second stage, we predicted the demand for the products of the following collection using Random Forest, Deep Neural Networks, and Support Vector Regression algorithms. In addition, we applied a model that consisted of weighting the demands previously calculated for the products of past collections that were most similar to the new products. We validated the proposed methodology using a European fashion retailer case study. The results revealed that the method using the Expectation-Maximization algorithm had the highest potential, followed by the Random Forest algorithm. We believe that this approach will lead to more assertive and better-aligned decisions in production management.
2025
Authors
Marchesi, L; Goldman, A; Lunesu, MI; Przybylek, A; Aguiar, A; Morgan, L; Wang, X; Pinna, A;
Publication
XP Workshops
Abstract
2025
Authors
Costa, L; Barbosa, S; Cunha, J;
Publication
CoRR
Abstract
2025
Authors
Fernandes, FS; Lopes, JP; Moreira, CL;
Publication
INTERNATIONAL JOURNAL OF ELECTRICAL POWER & ENERGY SYSTEMS
Abstract
This work proposes a robust methodology for the location and sizing of grid forming (GFM) converters that simultaneously considers the solution costs and the security gains while accounting for the TSO nonlinear cost-security sensitivity. Such methodology, which includes a collection of techniques to reduce the problem dimensionality, formulates the placement problem as a non-linear multi-criteria decision support problem and uses a solution-seeking algorithm based on Bayesian Optimisation to determine the solution. To ease comprehension, a modified version of the IEEE 39 Test System is used as a case study throughout the method's detailed explanation and application example. A sensitivity analysis of the GFM converter's over-current capacity in the solution of the formulated placement problem is also performed. The results show that the proposed method is successful in finding solutions with physical meaning and that respect the decision agent preferences.
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