Research Article

An Approach for Demand Forecasting in Steel Industries Using Ensemble Learning

Table 4

Summary of all extensive experiments to select the best performing preprocessing feature selection methods with the number of features and regression models.

ML method (s)PreprocessingAlgorithmn_featuresPerformance (R2)

SVRRaw dataN/A60.898
Processed dataN/A40.919
Corr40.931
PCA40.923
ICA40.923

RFRRaw dataN/A60.918
Processed dataN/A40.929
Corr40.966
PCA40.967
ICA40.952

MLPRaw dataN/A60.845
Processed dataN/A40.911
Corr40.957
PCA40.961
ICA40.950

ELMRaw dataN/A60.841
Processed dataN/A40.849
Corr40.942
PCA40.887
ICA40.909

GBRRaw dataN/A60.934
Processed dataN/A40.944
Corr40.969
PCA40.949
ICA40.934

XGBRRaw dataN/A60.949
Processed dataN/A40.953
Corr40.974
PCA40.956
ICA40.952

N/A = none. Note: the best approaches were shown in bold type.