Product backorder prediction using deep neural network on imbalanced data

Result code in IS VaVaI
<a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F00216275%3A25410%2F23%3A39920846" target="_blank" >RIV/00216275:25410/23:39920846 - isvavai.cz</a>
Result on the web
<a href="https://www.tandfonline.com/doi/abs/10.1080/00207543.2021.1901153" target="_blank" >https://www.tandfonline.com/doi/abs/10.1080/00207543.2021.1901153</a>
DOI - Digital Object Identifier
<a href="http://dx.doi.org/10.1080/00207543.2021.1901153" target="_blank" >10.1080/00207543.2021.1901153</a>

Result language
angličtina
Original language name
Product backorder prediction using deep neural network on imbalanced data
Original language description
Taking backorders on products is a common scenario in inventory and supply chain management systems. The ability to predict the likelihood of backorders can surely minimise a company's losses. Because the number of backorders is much lower than the number of orders that ship on time, applying a predictive model for this domain is a challenging task. This paper proposes a model that uses a deep neural network to predict backorders; it handles the data imbalance between backorders and filled orders with efficient techniques. To make the dataset balanced, we employ different techniques that include minority class weight boosting, randomised oversampling, SMOTE oversampling, and a combination of oversampling and undersampling. The balanced training data are used in our proposed, fully connected deep neural networks model to train the predictive model. The predictive model learns the likelihood of product backorders by using the training samples. We conduct experiments on a large benchmark dataset to test the performance of our proposed deep neural network-based model. The experimental results achieve a new state-of-the-art performance and outperform some prominent classification models in terms of standard evaluation metrics and expected profit measure.
Czech name
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Czech description
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Type
J<sub>imp</sub> - Article in a specialist periodical, which is included in the Web of Science database
CEP classification
—
OECD FORD branch
50204 - Business and management

Project
<a href="/en/project/GA19-15498S" target="_blank" >GA19-15498S: Modelling emotions in verbal and nonverbal managerial communication to predict corporate financial risk</a><br>
Continuities
P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)

Publication year
2023
Confidentiality
S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

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