Use of Machine Learning Models in Sales Forecasts | Zendy

Shefali Jumnani | Zendy; Shraddha Agrawal | Zendy; Samiksha Verma | Zendy; Swasti Singhal | Zendy

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Use 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 , sales management , machine learning , retail sales , data science , 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.

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