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Forecasting Sales and Return Products for Retail Corporations and Bridging Among Them

2020· book-chapter· en· W3048808678 on OpenAlexaff
Md Mushfique Hasnat Chowdhury, Saman Hassanzadeh Amin

Bibliographic record

VenueAdvances in logistics, operations, and management science book series · 2020
Typebook-chapter
Languageen
FieldDecision Sciences
TopicForecasting Techniques and Applications
Canadian institutionsToronto Metropolitan University
Fundersnot available
KeywordsSales forecastingAutoregressive integrated moving averageProduct (mathematics)Lost salesBridging (networking)Sales managementBridge (graph theory)MarketingBusinessRetail salesDemand forecastingOperations researchComputer scienceTime seriesEngineeringMathematicsMachine learning

Abstract

fetched live from OpenAlex

The purpose of this study is to show how we can bridge sales and return forecasts for every product of a retail store by using the best model among several forecasting models. Managers can utilize this information to improve customer's satisfaction, inventory management, or re-define policy for after sales support for specific products. The authors investigate multi-product sales and return forecasting by choosing the best forecasting model. To this aim, some machine learning algorithms including ARIMA, Holt-Winters, STLF, bagged model, Timetk, and Prophet are utilized. For every product, the best forecasting model is chosen after comparing these models to generate sales and return forecasts. This information is used to classify every product as “profitable,” “risky,” and “neutral,” The experiment has shown that 3% of the total products have been identified as “risky” items for the future. Managers can utilize this information to make some crucial decisions.

Fetched live from OpenAlex and de-inverted. Abstracts are not stored in this database: the inverted indexes are 8.6 GB of the frame’s 9.3 GB of text, and the host has 13 GB free.

How this classification was reachedexpand

Full frame distilled prediction

Teacher imitation

Not calibrated prevalence, not ground truth. Human validation pending. Learned from the 10,348 direct Codex labels and 10,348 direct Gemma labels. Candidate is the union of thresholded teacher heads; consensus is their intersection. These outputs are machine_predicted_unvalidated and are not human labels or direct frontier model labels.

metaresearch head score (Codex)0.001
metaresearch head score (Gemma)0.002
Version: codex-gemma-dda1882f352aValidation status: machine_predicted_unvalidated
Candidate categoriesScience and technology studies
Consensus categoriesnone
DomainCandidate signal: none · Consensus signal: none
Study designCandidate signal: Theoretical or conceptual · Consensus signal: Theoretical or conceptual
GenreCandidate signal: Methods · Consensus signal: Methods
Teacher disagreement score0.429
Threshold uncertainty score1.000

Codex and Gemma teacher scores by category

CategoryCodexGemma
Metaresearch0.0010.002
Meta-epidemiology (narrow)0.0000.000
Meta-epidemiology (broad)0.0000.000
Bibliometrics0.0000.000
Science and technology studies0.0010.003
Scholarly communication0.0010.002
Open science0.0000.001
Research integrity0.0000.000
Insufficient payload (model declined to judge)0.0000.000

Machine scores (provisional)

The two teacher heads of the student model, read on this work. A score orders the frame for review; it never asserts a category, and the validation status ships verbatim with every row.

Baseline scores from an immature model (maturity gate not passed, 7 training rounds). Scores rank; they never assert a category.

Opus teacher head0.149
GPT teacher head0.333
Teacher spread0.184 · how far apart the two teachers sit on this one work
Validation statusscore_only:v0-immature-baseline · verbatim from the scoring run: score_only means the number may rank works, and no category label ships from it

Classification

machine, unvalidated

Machine predicted; a candidate call from one teacher head, not a consensus.

Study designTheoretical or conceptual
Domainnot available
GenreMethods

How this classification was reached, model by model and score by score, is at the end of the page under "How this classification was reached".

Quick stats

Citations0
Published2020
Admission routes1
Has abstractyes

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