Sales Forecast Of An Automobile Industry Page 4

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International Journal of Computer Applications (0975 – 8887)
Volume 53– No.12, September 2012
IEEE’97 page no.1381-1386Tavel, P. 2007 Modeling
Table 2. Comparison of Minimum and Maximum values
of both models
and Simulation Design. AK Peters Ltd.
[4] Jingtao Yao, Nicholas Teng, Hean-Lee Poh , Chew Lim
Tan(1998) Forecasting and Analysis of Marketing Data
Maximum
Minimu
Using Neural Networks Journal Of Information Science
Range
Value
m value
And Engineering 14, 843-862.
[5] Stoeva
Stefka, Nikov
Alexander(2000) .A fuzzy
backpropagation algorithm. Fuzzy Sets and Systems 112
Neural Network
-3
-3
8.3X10
0
8.3X10
(2000) 27-39.
Model
[6] Gholamreza
Jandaghi,
Reza
Tehrani,
Davoud
100%
Multiple
Hosseinpour, Rahmatollah Gholipour and Seyed Amir
confidenc
0.3611
-0.3626
0.7237
Linear
Shahidi Shadkam ,Application of Fuzzy-neural networks
e
Regressi
in multi-ahead forecast of stock price African Journal of
50%
on
Business Management Vol. 4(6), pp. 903-914, June 2010
Confidenc
0.2079
-0.1956
0.4035
Model
e
[7] Yan Liu, Min Sun Fuzzy Optimization BP Neural
Network Model for Pavement Performance Assessment
Proceedings of 2007 IEEE International Conference on
3. CONCLUSION
Grey Systems and Intelligent Services, November 18-20,
The present work has successfully implemented sales forecast
2007, Nanjing, China.
model of an automobile industry using Fuzzy BPN algorithm.
[8] Jason E. Kutsurelis, Forecasting Financial Markets Using
The result obtained by neural network is further compared
Neural Networks: An analysis of methods and accuracy,
with the result obtained by multiple linear regression analysis.
Thesis September 1998 , Naval Postgraduate School
The result obtained by multiple linear regressions have range
Monterey, California.
of 0.7237 for 100% confidence and 0.4935 for 50%
confidence. The result range obtained by proposed algorithm
[9] Rajasekaran
S,Vijayalakshmi
G.A.,”Neural
-3
is of order 8.3X10
and is found to be superior to the result
Networks,Fuzzy Logic and Genetic Algorithms”,PHI,
obtained by multiple linear regressions. The error obtained by
2003.
neuro-fuzzy BP architecture is 7.7728e-006.
[10] Little, John D. C., Decision Support Systems for
Marketing Managers, Journal of Marketing (pre-1986);
4. REFERENCES
Summer 1979; 43, 000003; ABI/INFORM Global pg. 9.
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Engineering Management-Conference, IEEE, pg 347-
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352.
[2] Mirbagheri Mirnaser(2010). Fuzzy-logic and Neural
[12] A. Weigend and N. Gerschenfeld, Eds., Time Series
network Fuzzy forecasting of Iran GDP growth. African
Prediction: Forecasting the future and Understanding the
past reading, MA: Addision –Wesley, 1994.
Journal of Business Management Vol. 4(6), pp. 925-929.
[3] Escoda , A.Ortega, ASanz , A.Herms (1997) Demand
Forecasting by neural fuzzy technique IEEE, FUZZ-
28

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