TITLE:
A Novel Approach for Developing a Linear Regression Model within Logistic Cluster Using Scikit-Learn
AUTHORS:
Nwosu Ambrose, Gilbert I. O. Aimufua, Choji Davou Nyap
KEYWORDS:
Mean Squared Error, R2 Score, F-Test, MSE
JOURNAL NAME:
Journal of Data Analysis and Information Processing,
Vol.12 No.3,
June
28,
2024
ABSTRACT: Due to the rapid development of logistic industry, transportation cost is also increasing, and finding trends in transportation activities will impact positively in investment in transportation infrastructure. There is limited literature and data-driven analysis about trends in transportation mode. This thesis delves into the operational challenges of vehicle performance management within logistics clusters, a critical aspect of efficient supply chain operations. It aims to address the issues faced by logistics organizations in optimizing their vehicle fleets’ performance, essential for seamless logistics operations. The study’s core design involves the development of a predictive logistics model based on regression, focused on forecasting, and evaluating vehicle performance in logistics clusters. It encompasses a comprehensive literature review, research methodology, data sources, variables, feature engineering, and model training and evaluation and F-test analysis was done to identify and verify the relationships between attributes and the target variable. The findings highlight the model’s efficacy, with a low mean squared error (MSE) value of 3.42, indicating its accuracy in predicting performance metrics. The high R-squared (R2) score of 0.921 emphasizes its ability to capture relationships between input characteristics and performance metrics. The model’s training and testing accuracy further attest to its reliability and generalization capabilities. In interpretation, this research underscores the practical significance of the findings. The regression-based model provides a practical solution for the logistics industry, enabling informed decisions regarding resource allocation, maintenance planning, and delivery route optimization. This contributes to enhanced overall logistics performance and customer service. By addressing performance gaps and embracing modern logistics technologies, the study supports the ongoing evolution of vehicle performance management in logistics clusters, fostering increased competitiveness and sustainability in the logistics sector.