Forecast of the volume of sales index in the Brazilian petroleum sector using artificial neural networks

This paper deals with the application of neural networks in predicting the fuel sales index. Neural networks, through their learning ability, can understand the variability of parameters and from this, infer about their future behavior. Most of the sales forecasts made by ANP (National Agency of Pet...

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Main Authors: Lucas Lira Souza, Shauane Santos Silva, Vivianni Marques Leite dos Santos
Format: Article
Language:English
Published: Institute of Technology and Education Galileo da Amazônia 2018-06-01
Series:ITEGAM-JETIA
Subjects:
Online Access:https://itegam-jetia.org/journal/index.php/jetia/article/view/26
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author Lucas Lira Souza
Shauane Santos Silva
Vivianni Marques Leite dos Santos
author_facet Lucas Lira Souza
Shauane Santos Silva
Vivianni Marques Leite dos Santos
author_sort Lucas Lira Souza
collection DOAJ
description This paper deals with the application of neural networks in predicting the fuel sales index. Neural networks, through their learning ability, can understand the variability of parameters and from this, infer about their future behavior. Most of the sales forecasts made by ANP (National Agency of Petroleum, Natural Gas and Biofuels) are based on fuel consumption, where in this work this index was disregarded and other indicators that were considered relevant in the prediction process were used. The best network consists of a multilayered perceptron, trained with the backpropagation algorithm, consisting of five neurons in the input and intermediate layers and with only one output node. This presents a relative mean square error of 27% for the expected sales figures. The results generated were satisfactory for the chosen variables.
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spelling doaj.art-58e80918af48422fb5aeb5d2d136f6662022-12-22T01:18:36ZengInstitute of Technology and Education Galileo da AmazôniaITEGAM-JETIA2447-02282018-06-0141410.5935/2447-0228.201826Forecast of the volume of sales index in the Brazilian petroleum sector using artificial neural networksLucas Lira SouzaShauane Santos SilvaVivianni Marques Leite dos SantosThis paper deals with the application of neural networks in predicting the fuel sales index. Neural networks, through their learning ability, can understand the variability of parameters and from this, infer about their future behavior. Most of the sales forecasts made by ANP (National Agency of Petroleum, Natural Gas and Biofuels) are based on fuel consumption, where in this work this index was disregarded and other indicators that were considered relevant in the prediction process were used. The best network consists of a multilayered perceptron, trained with the backpropagation algorithm, consisting of five neurons in the input and intermediate layers and with only one output node. This presents a relative mean square error of 27% for the expected sales figures. The results generated were satisfactory for the chosen variables.https://itegam-jetia.org/journal/index.php/jetia/article/view/26Artificial neural networkspredictionsale of fuel
spellingShingle Lucas Lira Souza
Shauane Santos Silva
Vivianni Marques Leite dos Santos
Forecast of the volume of sales index in the Brazilian petroleum sector using artificial neural networks
ITEGAM-JETIA
Artificial neural networks
prediction
sale of fuel
title Forecast of the volume of sales index in the Brazilian petroleum sector using artificial neural networks
title_full Forecast of the volume of sales index in the Brazilian petroleum sector using artificial neural networks
title_fullStr Forecast of the volume of sales index in the Brazilian petroleum sector using artificial neural networks
title_full_unstemmed Forecast of the volume of sales index in the Brazilian petroleum sector using artificial neural networks
title_short Forecast of the volume of sales index in the Brazilian petroleum sector using artificial neural networks
title_sort forecast of the volume of sales index in the brazilian petroleum sector using artificial neural networks
topic Artificial neural networks
prediction
sale of fuel
url https://itegam-jetia.org/journal/index.php/jetia/article/view/26
work_keys_str_mv AT lucaslirasouza forecastofthevolumeofsalesindexinthebrazilianpetroleumsectorusingartificialneuralnetworks
AT shauanesantossilva forecastofthevolumeofsalesindexinthebrazilianpetroleumsectorusingartificialneuralnetworks
AT viviannimarquesleitedossantos forecastofthevolumeofsalesindexinthebrazilianpetroleumsectorusingartificialneuralnetworks