Research Article

An Approach for Demand Forecasting in Steel Industries Using Ensemble Learning

Table 7

Comparing stacking ensemble model with the best performing ML models.

ModelsMAERMSEMAPE

SVR0.9310.2020.2460.902
ELM0.9420.1830.2260.880
MLP0.9610.1490.1860.569
RFR0.9660.1330.1720.517
GBR0.9690.1250.1640.401
XGBR0.9740.1200.1510.619
STACK20.9770.1120.1430.463
STACK10.9770.1120.1440.445

The best approaches were shown in bold type.