Forecasting Seasonal Sales with Many Drivers: Shrinkage or Dimensionality Reduction?
Retailers depend on accurate forecasts of product sales at the Store × SKU level to efficiently manage their inventory. Consequently, there has been increasing interest in identifying more advanced statistical techniques that lead to accuracy improvements. However, the inclusion of multiple drivers...
Main Authors: | , , , |
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Format: | Article |
Language: | English |
Published: |
MDPI AG
2022-12-01
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Series: | Applied System Innovation |
Subjects: | |
Online Access: | https://www.mdpi.com/2571-5577/6/1/3 |