Open Access. Powered by Scholars. Published by Universities.®
Operations Research, Systems Engineering and Industrial Engineering Commons™
Open Access. Powered by Scholars. Published by Universities.®
- Discipline
Articles 1 - 2 of 2
Full-Text Articles in Operations Research, Systems Engineering and Industrial Engineering
Evaluating Forecasting Methods By Considering Different Accuracy Measures, Nijat Mehdiyev, David Lee Enke, Peter Fettke, Peter Loos
Evaluating Forecasting Methods By Considering Different Accuracy Measures, Nijat Mehdiyev, David Lee Enke, Peter Fettke, Peter Loos
Engineering Management and Systems Engineering Faculty Research & Creative Works
Choosing the appropriate forecasting technique to employ is a challenging issue and requires a comprehensive analysis of empirical results. Recent research findings reveal that the performance evaluation of forecasting models depends on the accuracy measures adopted. Some methods indicate superior performance when error based metrics are used, while others perform better when precision values are adopted as accuracy measures. As scholars tend to use a smaller subset of accuracy metrics to assess the performance of forecasting models, there is a need for a concept of multiple accuracy dimensions to assure the robustness of evaluation. Therefore, the main purpose of this …
Shortest Path Based Decision Making Using Probabilistic Inference, Akshat Kumar
Shortest Path Based Decision Making Using Probabilistic Inference, Akshat Kumar
Research Collection School Of Computing and Information Systems
We present a new perspective on the classical shortest path routing (SPR) problem in graphs. We show that the SPR problem can be recast to that of probabilistic inference in a mixture of simple Bayesian networks. Maximizing the likelihood in this mixture becomes equivalent to solving the SPR problem. We develop the well known Expectation-Maximization (EM) algorithm for the SPR problem that maximizes the likelihood, and show that it does not get stuck in a locally optimal solution. Using the same probabilistic framework, we then address an NP-Hard network design problem where the goal is to repair a network of …