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[losses] Add CFE and PIS #156

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wkCircle opened this issue Feb 22, 2025 · 0 comments
Open

[losses] Add CFE and PIS #156

wkCircle opened this issue Feb 22, 2025 · 0 comments
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enhancement New feature or request feature

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@wkCircle
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wkCircle commented Feb 22, 2025

Description

Hi I am using Nixtla packages and pretty like the framework. Regarding the losses, I'd like to propose to add 2 additional metrics especially relevant for demand forecasting, the Cumulative Forecast Error and the (scaled) Periods in Stocks.

Theses metrics come from the classic paper:
Wallström, Peter, and Anders Segerstedt. "Evaluation of forecasting error measurements and techniques for intermittent demand." International Journal of Production Economics 128.2 (2010): 625-636. (Click here or here to see the paper.),

which is then also menteiond in another classic paper:
Kourentzes, Nikolaos. "On intermittent demand model optimisation and selection." International Journal of Production Economics 156 (2014): 180-190. (click here for paper link)

Please feel free to let me know your idea. I would also love to create a PR for it.

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@wkCircle wkCircle added enhancement New feature or request feature labels Feb 22, 2025
@wkCircle wkCircle changed the title [<Library component: losses>] Add CFE and PIS [losses] Add CFE and PIS Feb 22, 2025
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