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
Link To Document