Abstract

Reliable prediction of sales can improve the quality of business strategy. In this research, fuzzy logic and artificial neural network are integrated into the fuzzy back-propagation network (FBPN) for sales forecasting in Printed Circuit Board (PCB) industry. The fuzzy back propagation network is constructed to incorporate production-control expert judgments in enhancing the model's performance. Parameters chosen as inputs to the FBPN are no longer considered as of equal importance, but some sales managers and production control experts are requested to express their opinions about the importance of each input parameter in predicting the sales with linguistic terms, which can be converted into pre-specified fuzzy numbers. The proposed system is evaluated through the real world data provided by a printed circuit board company and experimental results indicate that the Fuzzy back-propagation approach outperforms other three different forecasting models in MAPE measures.

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

Disclaimer: All third-party content on this website/platform is and will remain the property of their respective owners and is provided on "as is" basis without any warranties, express or implied. Use of third-party content does not indicate any affiliation, sponsorship with or endorsement by them. Any references to third-party content is to identify the corresponding services and shall be considered fair use under The CopyrightLaw.