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Summary of F-fomaml: Gnn-enhanced Meta-learning For Peak Period Demand Forecasting with Proxy Data, by Zexing Xu et al.


F-FOMAML: GNN-Enhanced Meta-Learning for Peak Period Demand Forecasting with Proxy Data

by Zexing Xu, Linjun Zhang, Sitan Yang, Rasoul Etesami, Hanghang Tong, Huan Zhang, Jiawei Han

First submitted to arxiv on: 23 Jun 2024

Categories

  • Main: Machine Learning (cs.LG)
  • Secondary: Artificial Intelligence (cs.AI); Graphics (cs.GR); Econometrics (econ.EM); Methodology (stat.ME)

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Summary difficulty Written by Summary
High Paper authors High Difficulty Summary
Read the original abstract here
Medium GrooveSquid.com (original content) Medium Difficulty Summary
The proposed approach leverages strategically chosen proxy data from non-peak periods, enriched by features learned from a graph neural networks (GNNs)-based forecasting model, to predict demand during peak events. The method formulates demand prediction as a meta-learning problem and develops the Feature-based First-Order Model-Agnostic Meta-Learning (F-FOMAML) algorithm that learns feature-specific layer parameters. This approach achieves improved generalization by considering domain similarities through task-specific metadata. Theoretically, the excess risk decreases as the number of training tasks increases. The empirical evaluations on large-scale industrial datasets demonstrate the superiority of this approach. Compared to existing state-of-the-art models, the method reduces the Mean Absolute Error by 26.24% on an internal vending machine dataset and by 1.04% on a publicly accessible JD.com dataset.
Low GrooveSquid.com (original content) Low Difficulty Summary
Demand prediction is important for e-commerce and retail businesses during peak sales events. Traditional methods struggle due to limited historical data from these periods. The paper proposes a new approach that uses proxy data from non-peak periods, along with features learned from a graph neural networks (GNNs) forecasting model, to predict demand during peak events. The method is designed for meta-learning and develops the F-FOMAML algorithm. This helps the model generalize well by considering domain similarities through task-specific metadata. The paper shows that this approach works well in practice and improves accuracy compared to other methods.

Keywords

» Artificial intelligence  » Generalization  » Meta learning