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A forecasting method of multi-category product sales: analysis and application

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Bibliographic Details
Main Authors: Jing, Wang, Ling, Luo
Format: Book
Language:English
Published: Springer 2023
Subjects:
multi-category product sales
Online Access:https://link.springer.com/article/10.1007/s44176-023-00012-9
https://dlib.phenikaa-uni.edu.vn/handle/PNK/8438
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spelling oai:localhost:PNK-84382023-05-12T01:37:47Z A forecasting method of multi-category product sales: analysis and application Jing, Wang Ling, Luo multi-category product sales CC BY To solve the problems of high prediction costs and difficult practices in multi-category product classification in the retail industry, optimize the inventory, and improve resilience, this work introduces a forecasting method for multi-category product sales. The forecasting method divides the data into a category set and a numerical set, uses the stacking strategy, and combines it with catboost, decision tree, and extreme gradient boosting. During the feature engineering process, the ratio and classification features are added to the category feature set; the sales at t are used for training to obtain the prediction at (t + 1); and the features used in the prediction at time (t + 1) are generated by the prediction results at t. The update processes of the two sets are combined to form a joint feature update mechanism, and multiple features of k categories are jointly updated. 2023-05-12T01:37:47Z 2023-05-12T01:37:47Z 2023 Book https://link.springer.com/article/10.1007/s44176-023-00012-9 https://dlib.phenikaa-uni.edu.vn/handle/PNK/8438 en application/pdf Springer
institution Digital Phenikaa
collection Digital Phenikaa
language English
topic multi-category product sales
spellingShingle multi-category product sales
Jing, Wang
Ling, Luo
A forecasting method of multi-category product sales: analysis and application
description CC BY
format Book
author Jing, Wang
Ling, Luo
author_facet Jing, Wang
Ling, Luo
author_sort Jing, Wang
title A forecasting method of multi-category product sales: analysis and application
title_short A forecasting method of multi-category product sales: analysis and application
title_full A forecasting method of multi-category product sales: analysis and application
title_fullStr A forecasting method of multi-category product sales: analysis and application
title_full_unstemmed A forecasting method of multi-category product sales: analysis and application
title_sort forecasting method of multi-category product sales: analysis and application
publisher Springer
publishDate 2023
url https://link.springer.com/article/10.1007/s44176-023-00012-9
https://dlib.phenikaa-uni.edu.vn/handle/PNK/8438
_version_ 1765717597742956544
score 8.891145

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