Using Regression to Predict Dyeing Recipe Cost Before the Batch Runs
A simple multiple regression on shade depth, fabric type and machine liquor ratio predicts chemical cost per kilogram within about 6 per cent, which is close enough to quote from.
Operations, analytics & technology for apparel and textile manufacturing
Forecasting demand, yield and failure with methods you can defend.
2 published articles
A simple multiple regression on shade depth, fabric type and machine liquor ratio predicts chemical cost per kilogram within about 6 per cent, which is close enough to quote from.
You do not need machine learning to forecast most industrial demand. You need the right smoothing model, an honest error metric, and a rule for when to override it.