Quiñones-Rivera, Hector; Rubiano-Ovalle, Oscar; … - In: Journal of industrial engineering and management : JIEM 16 (2023) 2, pp. 363-381
Purpose: This work aims to evaluate demand forecasting models to determine if using exogenous factors and machine … input (ARMAX) statistical model and a Neural Network-ARMAX (NN-ARMAX) hybrid model for forecasting. Later, we compared both … model using neural networks and including exogenous variables can improve demand forecasting accuracy, promoting this …