دانلود مقاله ISI انگلیسی شماره 21885
عنوان فارسی مقاله

پیش بینی فروش برای عمده فروشان کامپیوتر : مقایسه نوارهای باریک چند متغیره رگرسیون تطبیقی ​​و شبکه های عصبی مصنوعی

کد مقاله سال انتشار مقاله انگلیسی ترجمه فارسی تعداد کلمات
21885 2012 13 صفحه PDF سفارش دهید محاسبه نشده
خرید مقاله
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عنوان انگلیسی
Sales forecasting for computer wholesalers : A comparison of multivariate adaptive regression splines and artificial neural networks
منبع

Publisher : Elsevier - Science Direct (الزویر - ساینس دایرکت)

Journal : Decision Support Systems, Volume 54, Issue 1, December 2012, Pages 584–596

کلمات کلیدی
پیش بینی فروش - عمده فروش کامپیوتر - نوارهای باریک رگرسیون چند متغیره تطبیقی​​ - شبکه های عصبی مصنوعی - صنعت فناوری اطلاعات -
پیش نمایش مقاله
پیش نمایش مقاله پیش بینی فروش برای عمده فروشان کامپیوتر : مقایسه نوارهای باریک چند متغیره رگرسیون تطبیقی ​​و شبکه های عصبی مصنوعی

چکیده انگلیسی

Artificial neural networks (ANNs) have been found to be useful for sales/demand forecasting. However, one of the main shortcomings of ANNs is their inability to identify important forecasting variables. This study uses multivariate adaptive regression splines (MARS), a nonlinear and non-parametric regression methodology, to construct sales forecasting models for computer wholesalers. Through the outstanding variable screening ability of MARS, important sales forecasting variables for computer wholesalers can be obtained to enable them to make better sales management decisions. Two sets of real sales data collected from Taiwanese computer wholesalers are used to evaluate the performance of MARS. The experimental results show that the MARS model outperforms backpropagation neural networks, a support vector machine, a cerebellar model articulation controller neural network, an extreme learning machine, an ARIMA model, a multivariate linear regression model, and four two-stage forecasting schemes across various performance criteria. Moreover, the MARS forecasting results provide useful information about the relationships between the forecasting variables selected and sales amounts through the basis functions, important predictor variables, and the MARS prediction function obtained, and hence they have important implications for the implementation of appropriate sales decisions or strategies.

مقدمه انگلیسی

In the consumer-centric environment of today's business world, enterprises seeking good sales performance often need to maintain a balance between meeting customer demand and controlling inventory costs. Carrying a larger inventory allows customer demand to be satisfied at all times, but can result in over-stocking, leading to problems such as tied up capital, inventory writedowns, and reduced profit margins. Lower inventory levels, in contrast, may reduce inventory costs, but can result in opportunity costs arising from missed sale opportunities, reduced customer satisfaction, and other problems. Sales forecasting can be used to determine the required inventory level and avoid the problem of under/over-stocking. In addition, sales forecasting can have implications for corporate financial planning, marketing, client management, and other areas of business. Improving the accuracy of sales forecasts has therefore become an important aspect of operating a business. There is an extensive body of literature on sales forecasting in such industries as textiles and clothing [52], [53] and [54], fashion [41], [47] and [58], books [7], [10] and [48], and electronics [9], [11], [12] and [13]. However, very few studies center on sales forecasting in the information technology (IT) industry, especially for computer wholesalers. Lu and Wang [34] employed a combination of independent component analysis, growing hierarchical self-organizing maps, and support vector regression analysis to develop a hybrid sales forecasting model for a computer dealer. In the wake of technological advances and rapid changes in consumer demand, IT products have come to be characterized by their variety, constant changes in specifications, and rapid price declines. These factors have made sales forecasting in the IT industry an important but difficult task. This paper focuses on sales forecasting for computer wholesalers in light of the important role they play in the IT industry by distributing IT products to retailers and customers. Artificial neural network (ANN) algorithms such as backpropagation neural networks (BPN) and support vector regression (SVR) have been found to be useful techniques for sales/demand forecasting due to their ability to capture subtle functional relationships among empirical data, even where the underlying relationships are unknown or hard to describe [9], [22], [34] and [63]. Unlike traditional time series forecasting models such as the Box–Jenkins ARIMA model and multivariate regression analysis, ANNs are data-driven and non-parametric. They require no strong model assumptions, and can map any nonlinear function without a priori assumptions about the properties of the data [24], [56] and [65]. Coupled with their superior performance in constructing non-linear models, ANNs have been successfully applied in sales/demand forecasting [9], [22] and [53]. Kuo and Xue [28] used ANNs to forecast sales for a beverage company. Their results showed that the forecasting ability of ANNs is indeed better than that of ARIMA specifications. Chang and Wang [9] applied a fuzzy BPN to forecast sales for the Taiwanese printed circuit board industry. Hyunchul et al. [27] first used independent component analysis to screen variables before employing an ANN algorithm to predict sales for a Korean shopping mall. They also showed that the proposed forecasting scheme is superior to a forecasting method in which principal component analysis is first used to screen variables before an ANN algorithm is applied. Yang et al. [63] reported that SVR is a promising method for predicting Chinese tobacco sales. Luis and Richard [37] combined ARIMA and ANN models to forecast sales for a Chilean supermarket. Their results showed that this combined forecasting technique can help firms make correct decisions. Sun et al. [47] successfully used an extreme learning machine (ELM) to forecast sales for a fashion retailer. Wu [61] utilized the combination of a wavelet support vector machine and particle swarm optimization to develop a hybrid model for auto sales forecasting. The results indicated that the forecasting ability of the hybrid model is indeed better than that of ARIMA models. Wong and Guo [58] integrated an extreme learning machine with a harmony search algorithm to develop a hybrid sales forecasting model for fashion retail supply chains. Despite the existence of a significant body of literature on sales forecasting using ANNs, the difficulty of identifying important forecasting variables makes ANNs less attractive for sales predictions, as the selection of important forecasting variables is crucial to the construction of sales forecasting models, given that the variables selected will usually affect the accuracy of the model. Having too many forecasting variables will add complexity to the forecasting model, while having too few may result in an ineffective model. Important forecasting variables that have an impact on sales forecasting results are often the key focus areas or indicators requiring managerial attention. Discussing and understanding these important forecasting variables will lead to improved management and sales efficiency. This study therefore utilizes a methodology that enables both faster processing and the selection of variables – multivariate adaptive regression splines (MARS) – to construct sales forecasting models for computer wholesalers. Through the outstanding variable screening ability of MARS, variables important to sales forecasting for these wholesalers can be obtained to make better sales management decisions. MARS is a nonlinear and non-parametric regression methodology [23]. It is a flexible procedure that requires no advance specification of a functional form. Rather, it attempts to adapt to the unknown functional form using a series of piecewise regression splines. This makes it very suitable for modeling complex non-linear relationships among variables. Moreover, unlike ANNs, MARS can identify ‘important’ independent (forecasting) variables and investigate the relationship between the selected independent and dependent (target) variables through the built basis functions when many potential forecasting variables are considered. Finally, MARS does not require a long training process and hence can save lots of time in the model building process. The power of MARS in building prediction models has been demonstrated in many applications such as network intrusion detection [40], electricity price forecasting [2], cancer diagnosis [18] and [33], software engineering [5], [45] and [66], and credit scoring [16] and [31]. However, to the best of the authors' knowledge, in no reported study has MARS been used to forecast sales. This study applies five different methodologies – MARS, BPN, SVR, ELM, and a cerebellar model articulation controller neural network (CMACNN), the latter being an effective neural network model [59] – in sales forecasting for computer wholesalers, and compares the merits of MARS against those of the three other ANN algorithms. To achieve this objective, forecasting models are developed using backpropagation neural networks, a support vector machine, an extreme learning machine, a CMACNN, and four two-stage forecasting schemes. First, MARS, BPN, SVR, and CMACNN are applied to construct sales forecasting models using all forecasting variables. In the case of the two-stage forecasting schemes, MARS is first used as a screening tool for the forecasting variables, after which the important forecasting variables obtained are used as input variables for forecasting models developed using BPN, SVR, ELM, and CMACNN. This results in four two-stage forecasting models respectively called the MARS–BPN, MARS–SVR, MARS–ELM, and MARS–CMACNN models. Finally, to compare the results of the sales forecasting models proposed in this study, experiments are carried out using monthly sales data from two Taiwanese computer wholesalers. The rest of this paper is organized as follows. Section 2 gives a brief introduction to the MARS, SVR, BPN, and CMACNN methodologies. The experimental results and related discussions are presented in Section 3. Section 4 concludes the paper.

نتیجه گیری انگلیسی

Sales forecasting is a crucial aspect of business financial planning, inventory management, and customer service among computer wholesalers due to the demand uncertainty they face and the short lifespan and quick obsolescence of IT products. This study uses MARS, a nonlinear and non-parametric regression methodology, to construct a sales forecasting model for a computerwholesaler and investigate the relationship between important forecasting variables and sales amounts through the basis functions and forecasting function constructed. The experiments evaluate two sets of real sales data collected from two Taiwanese computer wholesalers. The forecasting results obtained using the MARS model are compared with those of the SVR, BPN, ELM, CMACNN, ARIMA, andMLR models, alongwith those of four two-stage forecasting models: the MARS–SVR, MARS–BPN, MARS–ELM, and MARS–CMACNN models. The experimental results show that the MARS methodology produces results with a lower degree of prediction error and outperforms the ten comparison methods. The results also demonstrate that MARS represents a good alternative sales forecasting method for computer wholesalers, as it delivers good forecasting performance and is capable of identifying significant forecasting variables – in this case, three-month moving average (MA3), previous two months' sales volume (T-2), and previous month's sales volume (T-1) – whichmay provide valuable information for further sales and inventory decisions/ strategies. Moreover, the sales turning points identified by MARS basis functions can help companies adjust their operating strategy to support better performance in the future.

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