AITeky Learn
Mini-project Pharma & Life Sciences

Medicine demand forecast

Forecast demand for common medicines, including fever and flu seasons, to plan production.

The brief

A pharma plant makes too much of some medicines and runs short of others during fever season. Forecast demand by product group with seasonal patterns, so planners can schedule production and stock. Good looks like: forecasts that beat a seasonal baseline, back-tested over past years, with a stock plan.

What you will build

  1. Build monthly or weekly demand series
  2. Explore seasonality by product group
  3. Compare seasonal-naive, ARIMA and gradient-boosted forecasts
  4. Back-test over past seasons
  5. Turn forecasts into a production and stock plan

Free, open data to build it with

Check each dataset's licence before you publish your work. Your mentor gives your team its own version of the brief (data, scope or region), so every team's project is its own.

We use essential cookies to run the site. With your permission we also set one anonymous ID to count unique visitors, and Google Analytics cookies to see which pages help learners. Cookie notice

Join AiTeky Learn. It's free.

Create a free account to track your progress, save items for later and get study suggestions.

Sign up free Log in