Cost forecasting

Pricing for dairy products can depend on various factors, including production costs, seasonality, supply and demand, marketing strategies, market competition, raw material costs, and technological processes.

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The main goal of the project is to forecast the cost of raw milk

Objectives

Forecasting the cost of milk for 18 months ahead

Solution

Models for automating and optimizing the data analysis process
Adaptive model taking changes in data into account
Integration based on the Ditwinx platform

Impact

Forecasting accuracy of over 98%
Minimization of costs

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Production and logistics optimization

Production and logistics optimization