(LSTM), a deep learning algorithm, demonstrates its superior accuracy in predicting machine failures compared to both … covers two objectives namely, to compare the performance of machine learning algorithms in classifying machine failures, and … to assess the effectiveness of deep learning techniques for improved prediction accuracy. The study explores various …

), econometric forecasting method (autoregressive integrated moving average model, ARIMA), and deep learning techniques … econometric model, machine learning models, basic deep learning models, and traditional decomposition-ensemble models, within one …