International Business Machines Corporation
ARTIFICIAL INTELLIGENCE (AI) PRODUCT INCLUDING IMPROVED AUTOMATED DEMAND LEARNING MODULE

Abstract:

A network computing apparatus configured to perform an automated resource allocation method including obtaining price-demand data for a product, macro-clustering the price-demand data to identify a plurality of product categories, building a plurality of demand curves corresponding to the product categories, micro-clustering the demand curves to find a refined set of demand curves for each of the product categories, selecting one of the refined set of demand curves based on a difference between a predicted demand and an observed demand, selecting a price for the product according to the selected one of the demand curves, and allocating a resource according to the selected one of the demand curves corresponding to the pricing data generated, wherein the macro-clustering is performed using a first hyperparameter and the micro-clustering is performed using a second hyperparameter.