Authors
Yasaman Ensafi, Saman Hassanzadeh Amin, Guoqing Zhang, Bharat Shah
Publication date
2022/4/1
Journal
International Journal of Information Management Data Insights
Volume
2
Issue
1
Pages
100058
Publisher
Elsevier
Description
There has been a growing interest in the field of neural networks for prediction in recent years. In this research, a public dataset including the sales history of a retail store is investigated to forecast the sales of furniture. To this aim, several forecasting models are applied. First, some classical time-series forecasting techniques such as Seasonal Autoregressive Integrated Moving Average (SARIMA) and Triple Exponential Smoothing are utilized. Then, more advanced methods such as Prophet, Long Short-Term Memory (LSTM), and Convolutional Neural Network (CNN) are applied. The performances of the models are compared using different accuracy measurement methods (e.g., Root Mean Squared Error (RMSE) and Mean Absolute Percentage Error (MAPE)). The results show the superiority of the Stacked LSTM method over the other methods. In addition, the results indicate the good performances of the Prophet …
Total citations
202220232024399059
Scholar articles
Y Ensafi, SH Amin, G Zhang, B Shah - International Journal of Information Management Data …, 2022