Sales prediction is an important part of modern business intelligence. First approaches one can apply to predict sales time series are such conventional methods of forecasting as ARIMA and Holt-Winters. But there are several challenges while using these methods. They are: multilevel daily/weekly/monthly/yearly seasonality, many exogenous factors which impact sales, complex trends in different time periods. In such cases, it is not easy to apply conventional methods. Of course, there is…Continue
INTRODUCTION TO THE RESEARCH QUESTION
The research was conducted to find out what price maximises profit without sacrificing the high demand for the product due to the price being too high nor sacrificing the margins on the product due to the price being too low.
The goal is to experiment with different price levels for the same product in one market place and country to see how sales volumes change with prices and which volume level of…Continue
We are in fall and days are getting colder. soon winter will be on us and all our homes will be heated. check out Natural gas flow dynamics for New England region during the month of October 2013.
We have used Algonquin pipeline flow data and natural gas price curves from ICE ( Intercontinental exchange).
Added by Parag Patil on November 11, 2013 at 9:44am — No Comments