This degree project, conducted at Sandvik Coromant, aims to predict powder blend inventory needs based on order quantity prognoses that are made by customers. Two different machine learning approaches were used; linear regression and neural network regression. Since a majority of the samples consisted of prognoses that indicated that an order will be made without orders actually being placed, classification was applied on the entire dataset and regression on the samples with an order quantity above zero. This way, the regression model was not biased towards zero during training and gave more reasonable predictions for larger orders. Both automated feature engineering and manual feature engineering was performed in order to improve the resul...