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| Content Provider | IEEE Xplore Digital Library |
|---|---|
| Author | Yue Liu Wangwei Ju Kang Wang Junjun Gao |
| Copyright Year | 2015 |
| Description | Author affiliation: Sch. of Comput. Eng. & Sci., Shanghai Univ., Shanghai, China (Yue Liu; Wangwei Ju; Kang Wang) || Sydney Inst. of Language & Commerce, Shanghai Univ., Shanghai, China (Junjun Gao) |
| Abstract | Product life cycle management plays a crucial role in the footwear products demand forecasting. However, it is difficult to predict the recession point of the product life cycle curve. This paper proposes an integrated forecasting system where wavelet transforms and Polynomial Fitting based on Artificial Bee Colony algorithm are combined for footwear products demand forecasting. First, the method of wavelet transform using the one dimensional discrete wavelet is applied to decompose the sales data and thus eliminate the noise. Second, the Polynomial Fitting is employed to simulate the product life cycle function of footwear products. Third, the Artificial Bee Colony algorithm is utilized to optimize the parameters of Polynomial Fitting. Finally, real-world evaluation on a Chinese shoes and apparels retailer demonstrates that the proposed system is highly promising. At the same time, the simulation results also show that the demand distribution during the same period are basically the same between similar stores, which illustrates good practice of this demand forecasting method. |
| Starting Page | 1146 |
| Ending Page | 1150 |
| File Size | 350057 |
| Page Count | 5 |
| File Format | |
| ISSN | 21579563 |
| e-ISBN | 9781467376792 |
| DOI | 10.1109/ICNC.2015.7378153 |
| Language | English |
| Publisher | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Publisher Date | 2015-08-15 |
| Publisher Place | China |
| Access Restriction | Subscribed |
| Rights Holder | Institute of Electrical and Electronics Engineers, Inc. (IEEE) |
| Subject Keyword | Wavelet Transform Fitting Demand forecasting Footwear Prediction algorithms Artificial Bee Colony Discrete wavelet transforms Demand Forecasting Product Life Cycle Polynomial Fitting |
| Content Type | Text |
| Resource Type | Article |
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