A MODEL SELECTION FOR PRICE FORCASTING OF CRUDE PALM OIL AND FRESH FRUIT BUNCH PRICE FORECASTING

نویسندگان

چکیده

This study was aimed to determining a fitted forecasting method for the of crude palm oil prices at international and domestic market as well fresh fruit bunch collecting merchant farmer level in Bengkulu Province by considering three models, namely, double exponential smoothing, autoregressive integrated moving average, classical decomposition. The data used were monthly world markets from January 2012 – October 2016 April 2017, while farmers also 2007 2014. result showedthat most accurate ARIMA all levels. decision based on criteria determine best model including MAPE, MAD, MSD.

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ژورنال

عنوان ژورنال: The Iraqi Journal of Agricultural science

سال: 2021

ISSN: ['2410-0862', '0075-0530']

DOI: https://doi.org/10.36103/ijas.v52i2.1312