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Store Sales Forecasting using Artificial Neural Network


Affiliations
1 RCC Institute of Information Technology, Bahelghata, Kolkata – 700015, West Bengal, India
 

Forecasting is the use of historic data to predict the future trends. Forecasting provides an important benchmark for organizations which have a longterm perspective of operations. In this paper Time series analysis is used to predict the future sales. Also various industrial areas where this technique can be used are explored. Application of the proposed forecasting technique is discussed in various industries.

Keywords

Artificial Neural Network, Forecasting, Neural Network.
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  • Store Sales Forecasting using Artificial Neural Network

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Authors

Arup Kumar Bhattacharjee
RCC Institute of Information Technology, Bahelghata, Kolkata – 700015, West Bengal, India
Manas Ghosh
RCC Institute of Information Technology, Bahelghata, Kolkata – 700015, West Bengal, India
Soumen Mukherjee
RCC Institute of Information Technology, Bahelghata, Kolkata – 700015, West Bengal, India
Sudipta Patra
RCC Institute of Information Technology, Bahelghata, Kolkata – 700015, West Bengal, India

Abstract


Forecasting is the use of historic data to predict the future trends. Forecasting provides an important benchmark for organizations which have a longterm perspective of operations. In this paper Time series analysis is used to predict the future sales. Also various industrial areas where this technique can be used are explored. Application of the proposed forecasting technique is discussed in various industries.

Keywords


Artificial Neural Network, Forecasting, Neural Network.

References