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  <titleInfo>
    <title>Development of demand forecasting model for inventory management using deep learning approach via transfer learning</title>
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  <name type="personal">
    <namePart>Tan, Wei Qing</namePart>
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    <dateIssued encoding="marc">2023</dateIssued>
    <copyrightDate encoding="marc">2023</copyrightDate>
    <issuance>monographic</issuance>
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  <language>
    <languageTerm authority="iso639-2b" type="code">eng</languageTerm>
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  <physicalDescription>
    <extent>vi, 84 pages : illustrations ; 1 CD-ROM</extent>
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  <abstract>Inventory Management is crucial for small and medium-sized enterprises since it  requires significant financial and human resources. However, businesses now must  contend with seasonal client demand in addition to a competitive and unstable economic  environment. Stock predicting management inventory would be required in this situation  in order to reduce losses and boost profitability. Predicting or projecting a future  occurrence or trend is known as demand forecasting. Demand forecasting of inventory  management is able to assist businesses from preventing overstock or stock-outs. Due to  the capital commitment made by excess inventory, high inventory levels might result in  revenue losses. Losses in sales and a loss in consumer satisfaction and brand loyalty may  result from shortages or out-of-stock situations. To estimate future seasonal product  demand, inventory management has thus integrated the traditional time series approach,  machine learning, and deep learning techniques. This research discusses how to construct  a demand forecasting model for inventory management via transfer learning and  determine whether classical time series analysis or machine learning methods are more  suitable in forecasting demand of inventory management or deep learning method is  better. The models are evaluated by using confusion matrix, root mean square error (error  terms) and accuracy of each model. In this research, a demand forecasting model for  inventory management using transfer learning is constructed and achieved accuracy of  90.97% and error term (MAE) is 0.318. However, after the comparison between deep  learning model and machine learning model as well as time series methods, LSTM model  seems achieved a better result which accuracy is 91.62 and error term (MAE) is 0.316.</abstract>
  <targetAudience authority="marctarget">specialized</targetAudience>
  <note type="statement of responsibility">Tan Wei Qing</note>
  <note>Centre for Mathematical Sciences</note>
  <note>Bachelor of Applied Science in Data Analytics with Honours -- Universiti Malaysia Pahang – 2023</note>
  <note>Includes bibliographical references</note>
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      <namePart>Centre for Mathematical Sciences</namePart>
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    <topic>Dissertations</topic>
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    <topic>Universities and colleges</topic>
    <topic>Dissertations</topic>
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  <subject authority="lcsh">
    <topic>Final Year Project</topic>
    <topic>Dissertations</topic>
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  <identifier type="isbn">THE0010015 (Local)</identifier>
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