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Bigmart Sales Prediction System using Machine Learning

Author(s):

A.Pradeep Kumar Reddy , GITAM(DEEMED TO BE UNIVERSITY); Prof. V.Nagalakshmi, GITAM(DEEMED TO BE UNIVERSITY)

Keywords:

Machine Learning, Big Mart Sales Prediction System

Abstract

Supply and demand are two fundamental concepts of sellers and customers. Predicting demand accurately is critical for organizations in order to be able to formulate plans. Sales Prediction is based on predicting the sales for different outlets of Big Mart companies so that they can change the business model according to performance predicted. In this paper, a new approach for demand prediction for Big Mart companies is done. The business model used by the Big Mart companies, for which the model is implemented, includes many outlets that sell the same product at the same time throughout the country where the company operates a market place model. The demand prediction for such a model should consider the price tag, outlet type, outlet location.

Other Details

Paper ID: IJSRDV8I20305
Published in: Volume : 8, Issue : 2
Publication Date: 01/05/2020
Page(s): 358-359

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