Title :
Research on the Supply Chain Product Market Forecasting Based on Markov Chain
Author :
Luo, Jian-qiang ; Zhao, Yan-ping
Author_Institution :
Dept of Ind. Eng., Jiang Su Univ., Zhenjiang, China
Abstract :
The principle and basic characteristics (no aftereffect and stability) of Markov chain, and the method of statistical forecast analysis of random phenomena were introduced, then s the product market forecasting before the establishment of the supply chain was studied, and a forecastable Markov model about the occupancy rate of market based on the stochastic process of occupancy rate of sale market was built, and finally the model was applied to a case.
Keywords :
Markov processes; sales management; supply chain management; Markov chain; sale market; statistical forecast analysis; stochastic process; supply chain product market forecasting; Equations; Market opportunities; Marketing and sales; Markov processes; Mathematical model; Predictive models; Supply chains;
Conference_Titel :
E-Product E-Service and E-Entertainment (ICEEE), 2010 International Conference on
Conference_Location :
Henan
Print_ISBN :
978-1-4244-7159-1
DOI :
10.1109/ICEEE.2010.5660723