“…Therefore, as Bodenstab (2017) and Ali et al (2009) have stated, ML is suitable for accurate forecasting demand arising from advertising and promotional activity. On the other hand, only a few researchers have used ML techniques by focusing on demand forecasting and advertising (Adnane et al, 2019;Bollapragada et al, 2008;Di Pillo et al, 2013;Güler, 2019;Khakpour, 2020;Rai et al, 2019;Shilpi and Sharma, 2016;Tugay and Oguducu, 2017). Furthermore, Rai et al (2019) have revealed that advertisements are effective in determining product demand by using Artificial Neural Networks, a tool of ML.…”