Tactical sales forecasting using a very large set of macroeconomic indicators

DOI10.1016/j.ejor.2017.06.054zbMath1376.62116OpenAlexW2726164200MaRDI QIDQ1681509

Nikolaos Kourentzes, Yves R. Sagaert, Bram Desmet, El-Houssaine Aghezzaf

Publication date: 23 November 2017

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: http://urn.kb.se/resolve?urn=urn:nbn:se:his:diva-18243

zbMATH Keywords

forecastingvariable selectionLassotactical planningleading indicators

Mathematics Subject Classification ID

Applications of statistics to economics (62P20) Transportation, logistics and supply chain management (90B06) Inventory, storage, reservoirs (90B05) Stochastic scheduling theory in operations research (90B36) Statistical methods; economic indices and measures (91B82)

Related Items (4)

Improving the Bass model's predictive power through online reviews, search traffic and macroeconomic data ⋮ Product sales forecasting using macroeconomic indicators and online reviews: a method combining prospect theory and sentiment analysis ⋮ Sparse regression for large data sets with outliers ⋮ Using shared sell-through data to forecast wholesaler demand in multi-echelon supply chains

Uses Software

• forecast
• Forecast
• glmnet
• ElemStatLearn

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