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Inventory optimization model parameter search speed-up through similarity reduction

The result's identifiers

  • Result code in IS VaVaI

    <a href="https://www.isvavai.cz/riv?ss=detail&h=RIV%2F61989100%3A27740%2F21%3A10245331" target="_blank" >RIV/61989100:27740/21:10245331 - isvavai.cz</a>

  • Result on the web

    <a href="https://link.springer.com/chapter/10.1007%2F978-3-030-51992-6_9" target="_blank" >https://link.springer.com/chapter/10.1007%2F978-3-030-51992-6_9</a>

  • DOI - Digital Object Identifier

    <a href="http://dx.doi.org/10.1007/978-3-030-51992-6_9" target="_blank" >10.1007/978-3-030-51992-6_9</a>

Alternative languages

  • Result language

    angličtina

  • Original language name

    Inventory optimization model parameter search speed-up through similarity reduction

  • Original language description

    This paper is concerned with finding near optimal parameters for the inventory optimization model on large dataset. It is shown that our proposed method allows for very good model parameter estimation with great reduction in computation time. Model developed in cooperation with K2 atmitec s.r.o. company has four input parameters which must be set before the run. These parameters are estimated through computationally complex simulations by hyperparameter search. Since it is impossible to make grid search of the optimal parameters for all the input time series, it is necessary to approximate the parameters settings. This approximation is done through similarity search and computation of optimal parameters on the most central objects. Additionally, parameter estimation is improved by the clustering of time series and the results are upgraded by the new estimations. (C) Springer Nature Switzerland AG 2021.

  • Czech name

  • Czech description

Classification

  • Type

    D - Article in proceedings

  • CEP classification

  • OECD FORD branch

    10103 - Statistics and probability

Result continuities

  • Project

    Result was created during the realization of more than one project. More information in the Projects tab.

  • Continuities

    P - Projekt vyzkumu a vyvoje financovany z verejnych zdroju (s odkazem do CEP)<br>S - Specificky vyzkum na vysokych skolach

Others

  • Publication year

    2021

  • Confidentiality

    S - Úplné a pravdivé údaje o projektu nepodléhají ochraně podle zvláštních právních předpisů

Data specific for result type

  • Article name in the collection

    Advances in Intelligent Systems and Computing. Volume 1221

  • ISBN

    978-3-030-51991-9

  • ISSN

    2194-5357

  • e-ISSN

    2194-5365

  • Number of pages

    13

  • Pages from-to

    102-114

  • Publisher name

    Springer

  • Place of publication

    Cham

  • Event location

    Arad

  • Event date

    Sep 13, 2018

  • Type of event by nationality

    WRD - Celosvětová akce

  • UT code for WoS article