forecast product demand in one week using machine learning approach
$begingroup$
I'm trying to predict product demand in store. The predictors I have include price, competitor's price, store ID, date. My target variable is sales volume (in a particular store). What I need to predict is sales in a store one week in advance.
I'm thinking about how I should approach this problem. The goal is to predict sales one week in advance, I'm a little confused about how I should use predictors for prediction. How I should do the model validation (for predictions one week in advance). How can I incorporate seasonality in the model if I use random forest...
Really appreciate it if anyone can help clarifying this. Thanks a lot!
machine-learning forecast forecasting
asked 18 hours ago
zeslazesla
1211
$endgroup$
add a comment |
$begingroup$
I'm trying to predict product demand in store. The predictors I have include price, competitor's price, store ID, date. My target variable is sales volume (in a particular store). What I need to predict is sales in a store one week in advance.
I'm thinking about how I should approach this problem. The goal is to predict sales one week in advance, I'm a little confused about how I should use predictors for prediction. How I should do the model validation (for predictions one week in advance). How can I incorporate seasonality in the model if I use random forest...
Really appreciate it if anyone can help clarifying this. Thanks a lot!
machine-learning forecast forecasting
asked 18 hours ago
zeslazesla
1211
$endgroup$
$begingroup$
Is this a homework assignment?
$endgroup$
– I_Play_With_Data
16 hours ago
$begingroup$
Do you have historical weekly data for sales and predictors ?
$endgroup$
– Shamit Verma
14 hours ago
add a comment |
$begingroup$
I'm trying to predict product demand in store. The predictors I have include price, competitor's price, store ID, date. My target variable is sales volume (in a particular store). What I need to predict is sales in a store one week in advance.
I'm thinking about how I should approach this problem. The goal is to predict sales one week in advance, I'm a little confused about how I should use predictors for prediction. How I should do the model validation (for predictions one week in advance). How can I incorporate seasonality in the model if I use random forest...
Really appreciate it if anyone can help clarifying this. Thanks a lot!
machine-learning forecast forecasting
asked 18 hours ago
zeslazesla
1211
$endgroup$
I'm trying to predict product demand in store. The predictors I have include price, competitor's price, store ID, date. My target variable is sales volume (in a particular store). What I need to predict is sales in a store one week in advance.
I'm thinking about how I should approach this problem. The goal is to predict sales one week in advance, I'm a little confused about how I should use predictors for prediction. How I should do the model validation (for predictions one week in advance). How can I incorporate seasonality in the model if I use random forest...
Really appreciate it if anyone can help clarifying this. Thanks a lot!
machine-learning forecast forecasting
machine-learning forecast forecasting
asked 18 hours ago
zeslazesla
1211
asked 18 hours ago
zeslazesla
1211
asked 18 hours ago
zeslazesla
1211
asked 18 hours ago
zeslazesla
1211
asked 18 hours ago
zeslazesla
1211
1211
$begingroup$
Is this a homework assignment?
$endgroup$
– I_Play_With_Data
16 hours ago
$begingroup$
Do you have historical weekly data for sales and predictors ?
$endgroup$
– Shamit Verma
14 hours ago
add a comment |
$begingroup$
Is this a homework assignment?
$endgroup$
– I_Play_With_Data
16 hours ago
$begingroup$
Do you have historical weekly data for sales and predictors ?
$endgroup$
– Shamit Verma
14 hours ago
$begingroup$
Is this a homework assignment?
$endgroup$
– I_Play_With_Data
16 hours ago
$begingroup$
Is this a homework assignment?
$endgroup$
– I_Play_With_Data
16 hours ago
$begingroup$
Do you have historical weekly data for sales and predictors ?
$endgroup$
– Shamit Verma
14 hours ago
$begingroup$
Do you have historical weekly data for sales and predictors ?
$endgroup$
– Shamit Verma
14 hours ago
add a comment |
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$begingroup$
Is this a homework assignment?
$endgroup$
– I_Play_With_Data
16 hours ago
$begingroup$
Do you have historical weekly data for sales and predictors ?
$endgroup$
– Shamit Verma
14 hours ago