2019
DOI: 10.11591/ijict.v8i3.pp128-138
|View full text |Cite
|
Sign up to set email alerts
|

Inventory prediction and management in Nigeria using market basket analysis associative rule mining: memetic algorithm based approach

Abstract: <p class="Text">A key challenge in businesses today is determining inventory level for each product (to be) sold to clients. A pre-knowledge will suppress inventory stock-up and help avert unnecessary demurrage. It will also avoid stock out and avert loss of clients to competition. Study aims to unveil customer’s behavior in purchasing goods and thus, predict a next time purchase as well as serve as decision support to determine the required amount of each goods inventory. Study is conducted for Delta Ma… Show more

Help me understand this report

Search citation statements

Order By: Relevance

Paper Sections

Select...
2
1
1
1

Citation Types

2
13
0

Year Published

2020
2020
2024
2024

Publication Types

Select...
5
1

Relationship

2
4

Authors

Journals

citations
Cited by 11 publications
(15 citation statements)
references
References 24 publications
2
13
0
Order By: Relevance
“…The auto-encoder is an unsupervised multi-layered neural network consisting both an encoder and a decoder network. Its encoder seeks to transform inputs data-points from a high unto a low-dimension via an encoding function fencoder as in (1) where x m is a data point, and h m is the encoding vector obtained. Conversely, its decoder network seeks to reconstruct the function using fdecoder as in (2) with x m as decoding vector from h m .…”
Section: Research Methods 21 Deep Neural Network (Dnn)mentioning
confidence: 99%
See 2 more Smart Citations
“…The auto-encoder is an unsupervised multi-layered neural network consisting both an encoder and a decoder network. Its encoder seeks to transform inputs data-points from a high unto a low-dimension via an encoding function fencoder as in (1) where x m is a data point, and h m is the encoding vector obtained. Conversely, its decoder network seeks to reconstruct the function using fdecoder as in (2) with x m as decoding vector from h m .…”
Section: Research Methods 21 Deep Neural Network (Dnn)mentioning
confidence: 99%
“…We employed the rectified linear unit (ReLU) activation function with 500-epochs (though optimal values were reached at 100, 300 and 500 epochs taking into account accuracy and time to train the model). There is no best practice in selecting the number of hidden layers/neurons therein and using more hidden layer(s) grants the model greater capability to perform more complex function on the data [1,2]. We seek minimum training error that will also result in the best fit, selecting the number of hidden layers (and neurons for each layer) was established via a trail-and-error method, and examining the results.…”
Section: Parameter Tuningmentioning
confidence: 99%
See 1 more Smart Citation
“…Bayesian network design needs to consider the attributes, search algorithm and estimation algorithms. Thus, we use the hill-climber search algorithm with five parents used as the search algorithm for this network with simple estimator as an estimate on algorithm with threshold value "0.5" [38].…”
Section: Soft-computing Framework 31 Bayesian Networkmentioning
confidence: 99%
“…Even the model grows further, these approach has an ability to applied in industry [7]. For instance, the association has been applied largely for industry's knowledge discovery database, as applied in inventory management [8], market analysis [9] and also alarm system [10]. The supervised algorithm that required input and output dataset for training and testing has largely applied for sustainability performance [5] also demand forecasting [11].…”
Section: Introductionmentioning
confidence: 99%