• Lecture time: Monday: 15:30:00 - 16:20:00 ET
  • Lab time: Friday: 15:30:00 - 17:20:00 ET
  • Domain: Supply Chain
  • Keywords: Demand and Supply Planning, Forecasting, Predictive Analysis, Statistical Analysis
  • Tools: Data Analytics, Machine Learning, Statistical Modeling
  • Citizenship: Open to all students
Summary

Cisco is exploring a 2-stage hierarchical modeling approach to forecast the demand for its 10,000+ products The idea is to improve forecast accuracy at the two levels independently, and hence improve the PLID level forecast accuracy and reduce systematic bias.

Description

***Please see the PDF for a detailed project description. When registering for this project in UniTime, look for 'Cisco' in the Note section, and select the appropriate CRN.***