Name
Title | ||
|---|---|---|
An enhanced application of Lotka-Volterra model to forecast the sales of two competing retail formats. |
Abstract | ||
|---|---|---|
•An enhanced application of LV-model for forecasting two competing retail formats.•Revenues embedded with trend, competition, and seasonal components are compound data.•Monthly revenues as input of LV-model may lead to unsatisfactory forecast accuracy.•Accuracy substantially improved by input decomposed competition component to LV-model.•Two retail formats form a predator-prey relationship; convenience-oriented format is predator. |
Year | DOI | Venue |
|---|---|---|
2017 | 10.1016/j.cie.2017.05.022 | Computers & Industrial Engineering |
Keywords | Field | DocType |
Lotka–Volterra equations,Forecasting,Retail formats | Revenue,Lotka–Volterra equations,Population,Economics,Interaction,Sales forecasting,Volterra equations,Operations management,Empirical research | Journal |
Volume | ISSN | Citations |
109 | 0360-8352 | 1 |
PageRank | References | Authors |
0.37 | 5 | 4 |
Name | Order | Citations | PageRank |
|---|---|---|---|
| Hui-Chih Hung | 1 | 2 | 0.78 |
| Yu-Chih Chiu | 2 | 1 | 0.37 |
| Huang-Chen Huang | 3 | 1 | 0.37 |
| Muh-Cherng Wu | 4 | 227 | 16.58 |