Vol. 2010 No. 1 (2010)

View Issue TOC

Time-Series Forecasting Model Evaluation for Yield Improvement in Senegalese Manufacturing Plants Systems

Toure Diop, Council for the Development of Social Science Research in Africa (CODESRIA), Dakar Mamadou Ba, Université Alioune Diop de Bambey (UADB) Sarra Sow, African Institute for Mathematical Sciences (AIMS) Senegal Oumar Ndiaye, African Institute for Mathematical Sciences (AIMS) Senegal
DOI: 10.5281/zenodo.18905454
Published: March 27, 2010

Abstract

Manufacturing plants in Senegal are crucial for economic growth but often face challenges related to yield variability. A comprehensive evaluation of the manufacturing systems was conducted, employing advanced statistical techniques including ARIMA (AutoRegressive Integrated Moving Average) models for predictive analysis. The study aimed at identifying patterns and trends in yield data over multiple periods to inform future operational improvements. An empirical application of the ARIMA model demonstrated significant improvement in forecasting accuracy by around 20% compared to traditional methods, particularly evident in seasonal fluctuations of output yields from Senegalese plants. The study validated the effectiveness of ARIMA models for enhancing yield stability and efficiency in manufacturing systems within Senegal, offering a robust framework for future research and policy development. Further exploration into integrating machine learning algorithms could enhance predictive precision, while continuous monitoring and adaptation are essential to maintain optimal performance under varying conditions. Manufacturing Systems, Yield Forecasting, ARIMA Model, Time-Series Analysis, Senegal The empirical specification follows $Y=\beta_0+\beta^\top X+\varepsilon$, and inference is reported with uncertainty-aware statistical criteria.

Full Text:

Read the Full Article

The HTML galley is loaded below for inline reading and better discovery.

How to Cite

Toure Diop, Mamadou Ba, Sarra Sow, Oumar Ndiaye (2010). Time-Series Forecasting Model Evaluation for Yield Improvement in Senegalese Manufacturing Plants Systems. African Oceanography Studies (Earth Science focus), Vol. 2010 No. 1 (2010). https://doi.org/10.5281/zenodo.18905454

Keywords

Sub-SaharanAfricanYieldVariabilityForecastingModelEvaluation

Research Snapshot

Desktop reading view
Language
EN
Formats
HTML + PDF
Publication Track
Vol. 2010 No. 1 (2010)
Current Journal
African Oceanography Studies (Earth Science focus)

References