The Combination Forecasting Model of Auto Sales Based on Seasonal Index and RBF Neural Network

نویسندگان

  • Lihua Yang
  • Baolin Li
چکیده

To effectively predict auto sales and improve the competitiveness of automotive enterprise, the characteristics of actual auto sales were analyzed, owing to the seasonal fluctuations and the nonlinearity of monthly sales, the combination forecasting model based on seasonal Index and RBF neural network was proposed. The weights of the two single models were computed using mean absolute percentage error and the sum of square error respectively, the result shows that mean absolute percentage error is more effective. Finally, the prediction accuracy of different models was compared based on the criteria of MAPE and RMSE, and the effectiveness of the method was proved, the proposed model can take advantage of the strengths of the two single models, the results indicate that the combination forecasting model suitable for auto sales has high prediction accuracy, which can provide a certain reference to auto sales forecasting.

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

A Novel Combination Forecasting Algorithm Based on Time Series

To effectively predict cigarette sales and improve the competitiveness of tobacco business enterprises, the characteristics of actual cigarette sales were detailed analyzed. Due to the long-term growth trends, seasonal fluctuations and the nonlinearity of monthly sales, we established three single forecasting models, which are Exponential Smoothing (ES), Seasonal Decomposition (SD) and Radial B...

متن کامل

Comparison of Neural Network Models, Vector Auto Regression (VAR), Bayesian Vector-Autoregressive (BVAR), Generalized Auto Regressive Conditional Heteroskedasticity (GARCH) Process and Time Series in Forecasting Inflation in ‎Iran‎

‎This paper has two aims. The first is forecasting inflation in Iran using Macroeconomic variables data in Iran (Inflation rate, liquidity, GDP, prices of imported goods and exchange rates) , and the second is comparing the performance of forecasting vector auto regression (VAR), Bayesian Vector-Autoregressive (BVAR), GARCH, time series and neural network models by which Iran's inflation is for...

متن کامل

Hourly Wind Speed Prediction using ARMA Model and Artificial Neural Networks

In this paper, a comparison study is presented on artificial intelligence and time series models in 1-hour-ahead wind speed forecasting. Three types of typical neural networks, namely adaptive linear element, multilayer perceptrons, and radial basis function, and ARMA time series model are investigated. The wind speed data used are the hourly mean wind speed data collected at Binalood site in I...

متن کامل

Forecasting Gold Price Changes: Application of an Equipped Artificial Neural Network

The forecast of fluctuations and prices is the major concern in financial markets. Thus, developing an accurate and robust forecasting decision model is critically favorable to the investors. As gold has shown a special capability to smooth inflation fluctuations, governors use gold as a price controlling lever. Thus, more information about future gold price trends will help to make the firm de...

متن کامل

Improving the performance of financial forecasting using different combination architectures of ARIMA and ANN models

Despite several individual forecasting models that have been proposed in the literature, accurate forecasting is yet one of the major challenging problems facing decision makers in various fields, especially financial markets. This is the main reason that numerous researchers have been devoted to develop strategies to improve forecasting accuracy. One of the most well established and widely use...

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:

دوره   شماره 

صفحات  -

تاریخ انتشار 2016