Parameters Optimization Using Genetic Algorithms in Support Vector Regression for Sales Volume Forecasting

Budgeting planning plays an important role in coordinating activities in organizations. An accurate sales volume forecasting is the key to the entire budgeting process. All of the other parts of the master budget are dependent on the sales volume forecasting in some way. If the sales volume forecasting is sloppily done, then the rest of the budgeting process is largely a waste of time. Therefore, the sales volume forecasting process is a critical one for most businesses, and also a difficult area of management. Most of researches and companies use the statistical methods, regression analysis, or sophisticated computer simulations to analyze the sales volume forecasting. Recently, various prediction Artificial Intelligent (AI) techniques have been proposed in forecasting. Support Vector Regression (SVR) has been applied successfully to solve problems in numerous fields and proved to be a better prediction model. However, the select of appropriate SVR parameters is difficult. Therefore, to improve the accuracy of SVR, a hybrid intelligent support system based on evolutionary computation to solve the difficulties involved with the parameters selection is presented in this research. Genetic Algorithms (GAs) are used to optimize free parameters of SVR. The experimental results indicate that GA-SVR can achieve better forecasting accuracy and performance than traditional SVR and artificial neural network (ANN) prediction models in sales volume forecasting.

Design and Implementation of Fresh Vegetable Sales Volume Trend Forecasting System Based on Improved SVR

The forecast of sales volume trend of fresh vegetables has significant referential function for government dominant departments,producers and consumers.In order to evaluate the e-commerce sales information of fresh vegetables scientifically and accurately,the sales volume information of such four common vegetables as baby cabbage,potatoes,bok choy and tomatoes,from Anhui Jinghui Vegetable E-commerce Co.,Ltd.was selected as the research object to establish the sales trend prediction system.Taking the improved SVR as an example,we introduced the overall architecture,detailed design and function realization of the system.The system can reflect the short-term sales volume trend of fresh vegetables,and also can provide guidance for the realization of e-commerce order-oriented management and scientific production.

Shanghai apparel sales value and sales volume both declined in June (Ⅱ)

Men’s suit:Top3 are in stable pattern The accumulated sales volume of Men’s suit was 249,000 pieces by the end of June 2011,11,000 pieces more than a

Shanghai Top 10 Department Stores Retail Sales Value -10.1% m/m in Aug. Sales Volume Down,Prices Up

Shanghai - According to Shanghai Apparel Association,CNY280 million was spent in Shanghai top 10 department stores in Aug. 2011,edging down 10.1 per cent m/m (-9.7% y/y). We’ve seen slight decrease in the retail volume of about 8.

China Apparel Retail Sales Vaule rose 21.15% y/y but Sales volume drop 1.33% y/y

China May-Apparel retail sales value in major department stores picked up sharply in May 2011, rising by about 21.15 per cent y/y to CNY 12.46 bil-

Shanghai Top 10 Department Stores Retail Sales Value +45.2% m/m in Sep.Sales Volume & Value both Up

Shanghai - According to Shanghai Apparel Association,CNY402 million was spent in Shanghai top 10 department stores in Sep.2011,edging

Shanghai apparel sales value and sales volume both declined in June (Ⅰ)

According to the online periodic statistics statement of Shanghai Apparel Association,Shanghai apparel sales volume in 10 major department stores in June was 849,000 pieces,reduced 116,000 pieces from the previous

Hailiang Company Limited is Expected to Reach 700000 tons of Copper Sales Volume

On Oct., 23, Hailiang Company Limited released the report on progress of Phase 1 employee stock ownership(ESOP) initiative. According to the report, by Oct., 22, 2018, 426 employees including corporate senior management level and core technicians, based on their confidence for the Company’s future development and judgement of the Company’sshare value.

From Trends to Drivers:Key Factors Propelling Electric Vehicle Sales

With the rapid advancement of human economic levels and modern civilization,the automobile manufacturing industry is increasingly confronted with challenges related to energy scarcity and environmental pollution.Low carbon emissions and energy savings have become the main focus of automotive development.Under the influence of government incentives,the sales of household electric vehicles(EVs)have increased significantly,although they still represent a small share of the overall car market.To examine the factors influencing consumer purchases of household EVs,this report integrates both qualitative and quantitative analyses,controlling for single variables.Using linear regression,an empirical analysis was conducted on 18 BYD models with varying ranges and prices.The results indicate a strong positive correlation between driving range,selling price,and EV sales.Looking ahead,the development of new energy vehicles should prioritize longer ranges,high-quality features,and cost-effective performance.

Research on the Improvement of Incentive Mechanism for Pharmaceutical Sales Personnel - Taking Company A as an Example

Objective To analyze the improvement of the incentive mechanism of sales personnel in pharmaceutical company A,and to promote the smooth operation and further development of the company in a long term.Methods Compensation incentive,performance appraisal,welfare benefit,training incentive,promotion motivation and enterprise cultural inspiration were explored through questionnaires,telephone interviews and in-person interviews.Results and Conclusion This company’s incentive mechanism has problems in two aspects:Material incentives and spiritual incentives.As to the company’s characteristics and strategic development,the optimization countermeasures of incentive mechanism are proposed from the following three aspects:constructing a reasonable incentive system,establishing an efficient spiritual incentive mechanism,and implementing the dynamic incentive and differentiated incentive simultaneously.

A Study on the Factors Influencing Consumer Purchase Decision Under the Live-Streaming Sales Model

In recent years,with the rapid development and popularization of Internet information technology,many new media platforms have risen rapidly,and major e-commerce companies have begun to explore the mode of livestreaming.Especially during the COVID-19 pandemic,due to the lockdown,live-streaming has become an important means of economic development in many places.Owing to its remarkable characteristics of timeliness,entertainment,and interactivity,it has become the latest and trendiest sales mode of e-commerce channels,reflecting huge economic potential and commercial value.This article analyzes two models and their characteristics of live-streaming sales from a practical perspective.Based on this,it outlines consumer purchasing decisions and the factors that affect consumer purchasing decisions under the live-streaming sales model.Finally,it discusses targeted suggestions for using the live-streaming sales model to expand the consumer market,hoping to promote the healthy and steady development of the live-streaming sales industry.

The Impact of The Three-Dimensional Cultivation Model on the Development of the Suzhou Tea Industry:Estimating Value of Output Per Acre and Diversified Sales Models

This article explores the impact of the three-dimensional cultivation mode on the development of the Suzhou tea industry,focusing on the diversified estimation of the value of output per acre and sales mode.It introduces the history and traditional cultivation practices of tea in Suzhou,as well as the current challenges and problems faced by the industry.An in-depth analysis was conducted on the overview and improvement plans of the three-dimensional cultivation mode,covering relevant technical methods.Based on this analysis,the impact of the three-dimensional cultivation on the value of output per acre was studied and predicted.Its potential and advantages were explored and compared with the effectiveness of traditional cultivation models.Additionally,the impact of the three-dimensional cultivation mode on sales was analyzed,examining its market adaptability and competitiveness,as well as its advantages in expanding sales channels and market coverage.The study also focused on the promoting effect of diversified sales models on the Suzhou tea industry,including direct consumption market development,tea processing product development and promotion,and the integration of tea culture and the tourism industry.To ensure sustainable development,the article evaluates the environmental impact,economic feasibility,social benefits,and farmer benefits of the three-dimensional cultivation model.Finally,the prospects for the development of the Suzhou tea industry were discussed,and the positioning and response strategies of the threedimensional cultivation model were proposed.

UK manufacturers'sales decline 10%in Q12024

UK manufacturers experienced a challenging start to 2024,with sales in the first quarter(Q1)down 10 per cent on the previous quarter,according to a report by Unleashed.However,year-on-year growth showed a modest increase of 2 per cent,reflecting the Bank of England’s assessment of weak growth in the manufacturing sector.

论基于SALES模型的销售技巧

所谓SALES模型是将英文单词SALES分解成See、Ask、Listen、Eat和Smile等5个单词,这5个单词又分别对应看、问、听、吃、笑等5种销售人员需要掌握的"待客"技巧,本文将以此为基础进行分析,阐述一下销售人员如何提高自身的业务素质,不断改善客情关系。

Product Specification Analysis for Modular Product Design Using Big Sales Data

Big data on product sales are an emerging resource for supporting modular product design to meet diversified customers’requirements of product specification combinations.To better facilitate decision-making of modular product design,correlations among specifications and components originated from customers’conscious and subconscious preferences can be investigated by using big data on product sales.This study proposes a framework and the associated methods for supporting modular product design decisions based on correlation analysis of product specifications and components using big sales data.The correlations of the product specifications are determined by analyzing the collected product sales data.By building the relations between the product components and specifications,a matrix for measuring the correlation among product components is formed for component clustering.Six rules for supporting the decision making of modular product design are proposed based on the frequency analysis of the specification values per component cluster.A case study of electric vehicles illustrates the application of the proposed method.

Sales Prediction and Product Recommendation Model Through User Behavior Analytics

The COVID-19 has brought us unprecedented difficulties and thousands of companies have closed down.The general public has responded to call of the government to stay at home.Offline retail stores have been severely affected.Therefore,in order to transform a traditional offline sales model to the B2C model and to improve the shopping experience,this study aims to utilize historical sales data for exploring,building sales prediction and recommendation models.A novel data science life-cycle and process model with Recency,Frequency,and Monetary(RFM)analysis method with the combination of various analytics algorithms are utilized in this study for sales prediction and product recommendation through user behavior analytics.RFM analysis method is utilized for segmenting customer levels in the company to identify the importance of each level.For the purchase prediction model,XGBoost and Random Forest machine learning algorithms are used to build prediction models and 5-fold Cross-Validation method is utilized to evaluate their.For the product recommendation model,the association rules theory and Apriori algorithm are used to complete basket analysis and recommend products according to the outcomes.Moreover,some suggestions are proposed for the marketing department according to the outcomes.Overall,the XGBoost model achieved better performance and better accuracy with F1-score around 0.789.The proposed recommendation model provides good recommendation results and sales combinations for improving sales and market responsiveness.Furthermore,it recommend specific products to new customers.This study offered a very practical and useful business transformation case that assists companies in similar situations to transform their business models.

Spatial Patterns of Car Sales and Their Socio-economic Attributes in China

Using data from the Economic Advisory Center of the State Information Center(SIC), we examined the spatial patterns of car sales in China at the prefectural level in 2012. We first analyzed the spatial distributions of car sales of different kinds of automakers(foreign automakers, Sino-foreign joint automakers, and Chinese automakers), and then identified spatial clusters using the local Moran's indexes. Location quotient analysis was applied to examine the relative advantage of each type of automaker in the local markets. To explain the variations of car sales across cities, we collected several socioeconomic variables and conducted regression analyses. Further, factor analysis was used to extract independent variables to avoid the problem of multicollinearity. By incorporating a spatial lag or spatial error in the models, we calibrated our spatial regression models to address the spatial dependence problem. The analytical results show that car sales varied significantly across cities in China, and most of the cities with higher car sales were the developed cities. Different automakers exhibit diverse spatial patterns in terms of car sales volume, spatial clusters, and location quotients. The scale and incomes factor were extracted and verified as the two most significant and positive factors that shape the spatial distributions of car sales, and together with the spatial effect, explained most of the variations of car sales across cities.