Title :
Forecasting of retail sales data using differential evolution
Author :
Majhi, Ritanjali ; Panda, Ganapati ; Majhi, Babita ; Panigrahi, S.K. ; Mishra, Manoj Ku
Author_Institution :
Sch. of Manage., Nat. Inst. of Technol., Warangal, India
Abstract :
The paper aims to develop an efficient forecasting model using differential evolution (DE) based learning rule. The structure chosen is an adaptive linear combiner whose weights are trained using DE. The prediction performance of the resulting model is evaluated by feeding features of retail sales data for different months´ ahead prediction. These results are compared with those obtained by GA based approach. The comparison demonstrates improved prediction of sales data by the proposed DE method.
Keywords :
FIR filters; forecasting theory; genetic algorithms; learning (artificial intelligence); sales management; GA based approach; adaptive linear combiner; differential evolution; genetic algorithm; learning rule; retail sales data forecasting; Artificial neural networks; Educational technology; Engineering management; Information technology; Load forecasting; Marketing and sales; Paper technology; Predictive models; Technology forecasting; Technology management; Sales forecasting; adaptive linear combiner; differntial evolution;
Conference_Titel :
Nature & Biologically Inspired Computing, 2009. NaBIC 2009. World Congress on
Conference_Location :
Coimbatore
Print_ISBN :
978-1-4244-5053-4
DOI :
10.1109/NABIC.2009.5393740