Application of SARIMAX Model to Forecast Daily Sales in Food Retail Industry

نویسندگان

  • Nari Sivanandam Arunraj
  • Diane Ahrens
  • Michael Fernandes
چکیده

62 Optimal Transportation and Spatial Integration of Regional Palm Oil Markets in Nigeria L.O.E. Nwauwa, Department of Agricultural Economics, Faculty of Agriculture, University of Ibadan, Ibadan, Nigeria K.O. Adenegan, Department of Agricultural Economics, Faculty of Agriculture, University of Ibadan, Ibadan, Nigeria M.A.Y. Rahji, Department of Agricultural Economics, Faculty of Agriculture, University of Ibadan, Ibadan, Nigeria T.T. Awoyemi, Department of Agricultural Economics, Faculty of Agriculture, University of Ibadan, Ibadan, Nigeria

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

منابع مشابه

Constructing a Sales Forecasting Model by Integrating GRA and ELM: A Case Study for Retail Industry

Due to the strong competition and economic hardship, sales forecasting is a challenging problem as the demand fluctuation is influenced by many factors. A good forecasting model leads to improve the customers’ satisfaction, reduce destruction of fresh food, increase sales revenue and make production plan efficiently. In this study, the GELM forecasting model integrates Grey Relation Analysis (G...

متن کامل

Retail Inventory Productivity: Analysis and Benchmarking

Retail inventory productivity is of considerable interest to retailers, manufacturers and distributors who service them, and stock market analysts. Inventory turnover is frequently used to measure inventory productivity. We find wide variation in inventory turnover across retailers and over time. The causes of this variation have not been studied systematically to our knowledge. We develop a lo...

متن کامل

An Exploratory Study for Neural Network Forecasting of Retail Sales Trends Using Industry and National Economic Indicators

This paper proposes the use of artificial neural networks (feed forward multi-layer perceptron and Elman recurrent networks) in forecasting sales trends at retail by analyzing industry and manufacturer specific metrics along with national economic indicators. Relevant data drivers were gathered based on consultations with the manufacturer as well as experts in the fields of economics and financ...

متن کامل

An Exploratory Study of Marketing Factors Influencing Fairtrade Food Buying Behaviour in the UK

The phenomenal growth of the fairtrade industry has attracted increased research interest but little is known as to what marketing factors drive fairtrade retail sales. This gap has profound implications for fairtrade marketing research and the future of the fairtrade industry. To provide a more robust and objective insight this paper draws on the analysis of supermarket loyalty card dataset of...

متن کامل

Food Marketing Policy Center The Impact of Retail Store Brands on Manufacturer Brands: A Generalization of Steiner’s Elasticity Model

Store brands are thought to improve a retailer’s position relative to leading brand manufacturers and to reduce retail prices. Steiner (2004) offers a characterization of typical industry structures by considering the relationship between interbrand and intrabrand elasticities. We estimate a model of demand and use elasticity estimates to characterize Boston’s fluid milk market as falling into ...

متن کامل

ذخیره در منابع من


  با ذخیره ی این منبع در منابع من، دسترسی به آن را برای استفاده های بعدی آسان تر کنید

برای دانلود متن کامل این مقاله و بیش از 32 میلیون مقاله دیگر ابتدا ثبت نام کنید

ثبت نام

اگر عضو سایت هستید لطفا وارد حساب کاربری خود شوید

عنوان ژورنال:
  • IJORIS

دوره 7  شماره 

صفحات  -

تاریخ انتشار 2016