Gone in 30 days! Predictions for car import planning

Autor: Matthias Traub, Emanuel Lacic, Elisabeth Lex, Eva Haslauer, Tomislav Duricic
Rok vydání: 2018
Předmět:
Zdroj: it - Information Technology. 60:219-228
ISSN: 2196-7032
1611-2776
DOI: 10.1515/itit-2017-0040
Popis: A challenge for importers in the automobile industry is adjusting to rapidly changing market demands. In this work, we describe a practical study of car import planning based on the monthly car registrations in Austria. We model the task as a data driven forecasting problem and we implement four different prediction approaches. One utilizes a seasonal ARIMA model, while the other is based on LSTM-RNN and both compared to a linear and seasonal baselines. In our experiments, we evaluate the 33 different brands by predicting the number of registrations for the next month and for the year to come.
Databáze: OpenAIRE