Thanrada Chaikajonwat. Data mining for the demand-based problem and holt's forecasting with events. Doctoral Degree(Applied Mathematics). King Mongkut's Institute of Technology Ladkrabang. Central Library. : King Mongkut's Institute of Technology Ladkrabang, 2023.
Data mining for the demand-based problem and holt's forecasting with events
Abstract:
This thesis proposes modified data mining techniques for addressing the location problem and sales forecasting with special events. First, the typical K-means clustering algorithm is applied and also modified to find optimal locations for distribution centers for a Thailand-based convenience store franchise. Three clustering approaches using different distance metrics, namely, Euclidean, Manhattan, Chebyshev, along with their three modified ones that incorporate the demands, are compared for effectiveness and efficiency. The Weighted Chebyshev approach offers the best results in terms of expected distribution cost and the Davies-Bouldin index, while Euclidean is the most efficient. เท addition, this research proposes three modified Holt's-based methods to better forecast time-series data affected by events, such as the COVID-19 pandemic, on Thailand's automotive industry. The proposed methods show improved accuracy values in terms of mean absolute percentage error (MAPE) and symmetric mean absolute percentage error (SMAPE), compared to the traditional Holt's method. The Holts with seasonality and events yields the best MAPE of 8.64% and SMAPE of 8.90%
King Mongkut's Institute of Technology Ladkrabang. Central Library