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.
In this paper, we propose a variable sampling interval Shewhart control chart to monitor the coefficient of variation (CV) squared, denoted by VSI SH-γ 2. The new model overcomes the ARL-biased (average run length) property of the control chart monitoring the CV in a previous study by designing two one-sided charts rather than one two-sided chart. Moreover, the effect of measurement error on the performance of the VSI SH-γ 2 control chart is investigated. The incorrect formula for the distribution of the CV in the presence of measurement error in a former study is fixed. Numerical simulations show that the precision errors and accuracy errors do have negative influences on the VSI SH-γ 2 chart. An appropriate strategy based on the obtained results is suggested to reduce these negative effects.
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