Open AccessUse of Machine Learning Models in Sales Forecasts
Author(s) -
Shefali Jumnani*,
Shraddha Agrawal,
Samiksha Verma,
Swasti Singhal
Publication year - 2020
Publication title -
international journal of innovative technology and exploring engineering
Language(s) - English
Resource type - Journals
ISSN - 2278-3075
DOI - 10.35940/ijitee.h6159.069820
Subject(s) - scope (computer science) , sales forecasting , computer science , data science , machine learning , marketing , artificial intelligence , business , programming language
In this paper, we present a brief survey of usage of various machine learning models and their role in retail sales forecasts. The purpose of this paper is to enlist a few popular approaches in retail sales and study their scope and areas of application. We analyze how these models have evolved over time stating the significance of each model in brief.