• DocumentCode
    3477994
  • Title

    A Hybrid Sales Forecasting Method Based on Stable Seasonal Pattern Models and BPNN

  • Author

    Jiwei, Xiao ; Yaohua, Wu ; Qian, Wang ; Li, Liao ; Hongchun, Hu

  • Author_Institution
    Shandong Univ., Jinan
  • fYear
    2007
  • fDate
    18-21 Aug. 2007
  • Firstpage
    2868
  • Lastpage
    2872
  • Abstract
    Since many operations of corporation are depend on sales forecasting. It´s very important for corporations predict their sales data accurately and reliably. Most of retail businesses are seasonally, therefore, lots of them are using seasonal sales forecasting methods to forecast their sales data and get better results. This paper proposes a hybrid sales forecasting method which combines stable seasonal pattern model and back propagation neural network (BPNN) to forecast retail sales. Practical forecast result in commodity shows it´s more accurate than typical seasonal forecasting methods.
  • Keywords
    backpropagation; forecasting theory; marketing; neural nets; backpropagation neural networks; hybrid sales forecasting method; seasonal pattern models; Artificial neural networks; Automation; Biological neural networks; Demand forecasting; Economic forecasting; Logistics; Marketing and sales; Neural networks; Predictive models; Production; BPNN; Sales forecasting; Stable seasonal pattern models;
  • fLanguage
    English
  • Publisher
    ieee
  • Conference_Titel
    Automation and Logistics, 2007 IEEE International Conference on
  • Conference_Location
    Jinan
  • Print_ISBN
    978-1-4244-1531-1
  • Type

    conf

  • DOI
    10.1109/ICAL.2007.4339070
  • Filename
    4339070