Abstract

Determining the right level of inventory is very important because it relates to the flow of money and can affect the performance of an organization. Too much inventory of goods can cause accumulation of storage space (warehouse) and reduce capital. The research will use data on sales of tires and wheels to be predicted using the SARIMA and Prophet methods, then the results will be compared for accuracy using RMSE. Based on the research results, it can be concluded that SARIMA (0, 0, 0)x(0, 1, 1, 12) with an RMSE evaluation result of 3.61 is superior to Prophet in predicting Dunlop product sales with an RMSE evaluation result of 4.02. SARIMA has the advantage in predicting because in the process there are features to find the best parameters to be implemented in the model.

Full Text
Published version (Free)

Talk to us

Join us for a 30 min session where you can share your feedback and ask us any queries you have

Schedule a call