A Bayesian hierarchical model integrates coherence penalization and level-specific focus into forecasting estimation, yielding improved predictive accuracy on simulated and Australian tourism data.
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A multi-objective probabilistic forecast combination framework is introduced that generates Pareto-optimal combinations balancing forecast accuracy and inventory decision performance, outperforming single-objective methods on retail and spare parts data.
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Multi-objective probabilistic forecast combination for inventory demand
A multi-objective probabilistic forecast combination framework is introduced that generates Pareto-optimal combinations balancing forecast accuracy and inventory decision performance, outperforming single-objective methods on retail and spare parts data.