Making appropriate decisions is indeed a key factor to help companies facing challenges from supply chains nowadays. In this paper, we propose two datadriven approaches that allow making better decisions in supply chain management. In particular, we suggest a Long Short Term Memory (LSTM) networkbased method for forecasting multivariate time series data and an LSTM Autoencoder network-based method combined with a one-class support vector machine algorithm for detecting anomalies in sales. Unlike other approaches, we recommend combining external and internal company data sources for the purpose of enhancing the performance of forecasting algorithms using multivariate LSTM with the optimal hyperparameters. In addition, we also propose a method to optimize hyperparameters for hybrid algorithms for detecting anomalies in time series data. The proposed approaches will be applied to both benchmarking datasets and real data in fashion retail. The obtained results show that the LSTM Autoencoder based method leads to better performance for anomaly detection compared to the LSTM based method suggested in a previous study.The proposed forecasting method for multivariate time series data also performs better some other methods based on a dataset provided by NASA.
Recent literature about quality control has investigated the continuous surveillance of the ratio of two normal random variables under the assumption of no measurement error. However, in practice, measurement errors always exist in quality control applications and may considerably affect the performance of control charts. In this paper, the performance of the Shewhart-RZ control chart is investigated in the presence of a measurement error and modelled by a linear covariate error model. Several figures and tables are generated and commented to show the statistical performance of the Shewhart-RZ control chart for different sources of the measurement error. Two examples illustrate the use of this chart on a quality control problem simulated from the food industry and a real industrial case from a plant treating batteries for recyclement.
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