Prediction of Construction Material Prices Based on the Sliding Window CatBoost Model
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Date
2025Author
Ning, Xin
Shan, Ming
Li, Zhengfang
Nie, Zhihong
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AbstractMaterial prices significantly impact project costs, and accurate price forecasting
is crucial for developing cost management strategies. The volatility of construction
material prices exhibits nonlinear and dynamic characteristics, posing ...Practical ApplicationsThe method proposed in this study offers significant advantages for material procurement
management in the construction industry. By providing accurate predictions of material
prices, the model helps managers make informed purchasing ...