Multilayer feedforward networks are universal approximators
Neural Networks
Developing neural-network applications
AI Expert
Introduction to Grey system theory
The Journal of Grey System
Practical neural network recipes in C++
Practical neural network recipes in C++
Neural network models for time series forecasts
Management Science
A simulation study of artificial neural networks for nonlinear time-series forecasting
Computers and Operations Research
Time Series Analysis, Forecasting and Control
Time Series Analysis, Forecasting and Control
The hybrid forecasting model based on chaotic mapping, genetic algorithm and support vector machine
Expert Systems with Applications: An International Journal
An intelligent fast sales forecasting model for fashion products
Expert Systems with Applications: An International Journal
Using artificial neural network models in stock market index prediction
Expert Systems with Applications: An International Journal
Expert Systems with Applications: An International Journal
Expert Systems with Applications: An International Journal
International Journal of Applied Evolutionary Computation
Fast fashion sales forecasting with limited data and time
Decision Support Systems
Hi-index | 12.06 |
Artificial neural network is a valuable tool for time series forecasting. In the case of performing multi-periodic forecasting with artificial neural networks, two methods, namely iterative and direct, can be used. In iterative method, first subsequent period information is predicted through past observations. Afterwards, the estimated value is used as an input; thereby the next period is predicted. The process is carried on until the end of the forecast horizon. In the direct forecast method, successive periods can be predicted all at once. Hence, this method is thought to yield better results as only observed data is utilized in order to predict future periods. In this study, forecasting was performed using direct and iterative methods, and results of the methods are compared using grey relational analysis to find the method which gives a better result.