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Forecast Model - which Algorithm?
Contributor IHello,
my name is Alex and I am studying Business Informatics. I would like to design a prediction model for a technical paper in the subject Big-Data. At the moment I can't find an approach which algorithm I should use and how.
my name is Alex and I am studying Business Informatics. I would like to design a prediction model for a technical paper in the subject Big-Data. At the moment I can't find an approach which algorithm I should use and how.
My dataset consists of booking data with 3 attributes (date, machine (polynominal), tool number (integer)).
Each machine receives several identical tools based on production-orders every day. With my model, I now want to predict which tools will have to be transferred to the machines for tomorrow or the day after tomorrow.
Can you help me here?
Kind regards
Alex
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MartinLiebig
Administrator, Moderator, Employee, RapidMiner Certified Analyst, RapidMiner Certified Expert, University Professor Posts: 3,510 
RM Data Scientist
Hi,
i think your question will be rather: How do I represent my data for learning. Probably you want to have a look at time series models afterwards. I.e. ARIMA, Holt-Winters and the new Multi-Horizon Forecast with models like Random forests.
BR,
Martin- Sr. Director Data Solutions, Altair RapidMiner -
Dortmund, Germany5
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thank you very much for the information. I try out the algorithms and am curious about the results.
Kind regards
Alex