ArticleFoods (Basel, Switzerland)2024
A Hierarchical RF-XGBoost Model for Short-Cycle Agricultural Product Sales Forecasting.
Article in Foods (Basel, Switzerland), 2024. The graph could read no effect estimate from its abstract, so it casts no vote on the map. Not yet cited in PubMed.
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Abstract
Short-cycle agricultural product sales forecasting significantly reduces food waste by accurately predicting demand, ensuring producers match supply with consumer needs. However, the forecasting is often subject to uncertain factors, resulting in highly volatile and discontinuous data. To address this, a hierarchical prediction model that combines RF-XGBoost is proposed in this work. It adopts the Random Forest (RF) in the first layer to extract residuals and achieve initial prediction results based on correlation features from Grey Relation Analysis (GRA). Then, a new feature set based on residual clustering features is generated after the hierarchical clustering is applied to classify the characteristics of the residuals. Subsequently, Extreme Gradient Boosting (XGBoost) acts as the second layer that utilizes those residual clustering features to yield the prediction results. The final prediction is by incorporating the results from the first layer and second layer correspondingly. As for the performance evaluation, using agricultural product sales data from a supermarket in China from 1 July 2020 to 30 June 2023, the results demonstrate superiority over standalone RF and XGBoost, with a Mean Absolute Percentage Error (MAPE) reduction of 10% and 12%, respectively, and a coefficient of determination (R
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