AI Use Case
Forecast new product demand
Forecast demand to ensure product and service availability to limit out of stock or over stock situations for new product introductions.
Operational Support - Demand forecasting
Bloomberg LP Kansas State University~Researchers improve film box office success prediction using machine learning transduction algorithms,Choosy~Choosy plans to design and sell apparel according to popular social media trends ,H&M~H&M improve single store sales by improving inventory planning through machine learning to discover trends on social media,Starcorp~Starcorp chooses which projects to pursue by evaluating probability of success as well as risks associated with different options using machine learning,ScriptBook~ScriptBook produces financial forecasts for films based on their scripts using machine learning and natural language processing
Structured / Semi-structured
Machine Learning (ML),Traditional AI,ML Task - Prediction - Regression