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Supply and demand forecasts with AI

By Laboratory for Manufacturing Systems and Automation of Patras

Type of course:

Digital learning, Lesson

Language:

EN

Duration:

18 minutes

Workload:

2 hours

Proficiency:

Advanced

Target:

Manager, Professionals, Workers

This course provides an overview of the laws of product supply and demand, how these affect energy consumption and how AI can facilitate organizations achieve higher sustainability. Participants will explore the key tools related to AI-driven demand forecasting involving equations, ML models and data needed. This learning nugget explains and investigates real-life scenarios in which energy demand forecasting has successfully been assisted by AI. This course serves as a stepping stone for participants who seek to understand the value of AI-driven forecasting and requires limited previous knowledge on AI and basic economic laws.


Learning outcomes

  1. Explain basic supply and demand scenarios
  2. Interpret the impact of seasonal demand on energy resources
  3. Value the use of AI in demand forecasting scenarios

Topics

Digital Transformation, Artificial Intelligence (AI), Big Data

Provided by

Content created in 2023
+223 enrolled
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