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In forecasting, evolutionary algorithms are often linked to existing forecasting methods to optimize their input parameters. Traditionally, the fitness function of these search heuristics is based on an accuracy measure. In this paper, however, we combine forecasting accuracy with business expertise by defining a flexible and easily interpretable profit function for sales forecasting, which is based...
This paper surveys the intersection of two fascinating and increasingly popular domains: swarm intelligence and data mining. Whereas data mining has been a popular academic topic for decades, swarm intelligence is a relatively new subfield of artificial intelligence which studies the emergent collective intelligence of groups of simple agents. It is based on social behavior that can be observed in...
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