Essays about: "WMAPE"

Found 3 essays containing the word WMAPE.

  1. 1. Sales Volume Forecasting of Ericsson Radio Units - A Statistical Learning Approach

    University essay from KTH/Matematisk statistik

    Author : Patrik Amethier; André Gerbaulet; [2020]
    Keywords : Statistics; Applied mathematics; Neural networks; decision trees; machine learning; sales volumes; predictions; demand forecasting; Statistik; tillämpad matematik; neurala nätverk; trädmodeller; maskininlärning; försäljningsvolym; prognostisering;

    Abstract : Demand forecasting is a well-established internal process at Ericsson, where employees from various departments within the company collaborate in order to predict future sales volumes of specific products over horizons ranging from months to a few years. This study aims to evaluate current predictions regarding radio unit products of Ericsson, draw insights from historical volume data, and finally develop a novel, statistical prediction approach. READ MORE

  3. 2. Econometric Modeling vs Artificial Neural Networks : A Sales Forecasting Comparison

    University essay from Högskolan i Borås/Institutionen Handels- och IT-högskolan

    Author : Dinesh Bajracharya; [2011]
    Keywords : econometrics; forecasting; ARIMA; exponential smoothing; regression; neural network; ensemble; WMAPE; MAPE; MAE; RMSE; linear correlation;

    Abstract : Econometric and predictive modeling techniques are two popular forecasting techniques. Both ofthese techniques have their own advantages and disadvantages. In this thesis some econometricmodels are considered and compared to predictive models using sales data for five products fromICA a Swedish retail wholesaler. READ MORE

  4. 3. The Effect of Optimization of Error Metrics

    University essay from Högskolan i Borås/Institutionen Handels- och IT-högskolan

    Author : Muhammad Khurram Jassal; [2011]
    Keywords : forecasting; regression; optimization; overfitting; MAPE; WMAPE; RMSE;

    Abstract : It is important for a retail company to forecast its sale in correct and accurate way to be ableto plan and evaluate sales and commercial strategies. Various forecasting techniques areavailable for this purpose. Two popular modelling techniques are Predictive Modelling andEconometric Modelling. READ MORE