Service to forecast the demand for (remanufactured) products and the supply of (post-)products using data from the past. Application scenarios are the support of medium-term production planning or long-term capacity planning.
Demand and Supply forecasting
Objective
Methodology
The service makes use of statistical methods, e.g. time series analysis, regression analysis, and seasonal factors and it implements available state-of-the-art approaches such as facebooks prophet model. The user may select the forecast method of his/her choice.
Outputs
Visualization of historic data and of forecast.
Forecast information as time series data in spreadsheet or database format.
![](https://www.digiprime.eu/wp-content/uploads/2021/12/demandsupplyforecast.jpg)
![](https://www.digiprime.eu/wp-content/uploads/2021/09/european-commission.jpg)
This project has received funding from the European Union’s Horizon 2020 Framework Programme, DT-ICT-07-2018-2019 “Digital Manufacturing Platforms for Connected Smart Factories” topic, under Grant Agreement ID 873111