• Title/Summary/Keyword: Sales prediction

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Game Recommendation System Based on User Ratings (사용자 평점 기반 게임 추천 시스템)

  • Kim, JongHyen;Jo, HyeonJeong;Kim, Byeong Man
    • Journal of Korea Society of Industrial Information Systems
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    • v.23 no.6
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    • pp.9-19
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    • 2018
  • As the recent developments in the game industry and people's interest in game streaming become more popular, non-professional gamers are also interested in games and buying them. However, it is difficult to judge which game is the most enjoyable among the games released in dozens every day. Although the game sales platform is equipped with the game recommendation function, it is not accurate because it is used as a means of increasing their sales and recommending users with a focus on their discount products or new products. For this reason, in this paper, we propose a game recommendation system based on the users ratings, which raises the recommendation satisfaction level of users and appropriately reflect their experience. In the system, we implement the rate prediction function using collaborative filtering and the game recommendation function using Naive Bayesian classifier to provide users with quick and accurate recommendations. As the result, the rate prediction algorithm achieved a throughput of 2.4 seconds and an average of 72.1 percent accuracy. For the game recommendation algorithm, we obtained 75.187 percent accuracy and were able to provide users with fast and accurate recommendations.

Real-Estate Price Prediction in South Korea via Machine Learning Modeling (머신러닝 기법을 통한 대한민국 부동산 가격 변동 예측)

  • Nam, Sanghyun;Han, Taeho;Kim, Leeju;Lee, Eunji
    • The Journal of the Institute of Internet, Broadcasting and Communication
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    • v.20 no.6
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    • pp.15-20
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    • 2020
  • Recently, the real estate is of high interest. This is because real estate, which was considered only a residential environment in the past, is recognized as a stable investment target due to the ever-growing demand on it. In particular, in the case of the domestic market, despite the decrease in the number of people, the number of single-person households and the influx of people to large cities are accelerating, and real estate prices are rising sharply around the metropolitan area. Therefore, accurately predicting the prospects of the future real estate market becomes a very important issue not only for individual asset management but also for government policy establishment. In this paper, we developed a program to predict future real estate market prices by learning past real estate sales data using machine learning techniques. The data on the market price of real estate provided by the Korea Appraisal Board and the Ministry of Land, Infrastructure and Transport were used, and the average sales price forecast for 2022 by region is presented. The developed program is publicly available so that it could be used in various forms.

Machine Learning-based Production and Sales Profit Prediction Using Agricultural Public Big Data (농업 공공 빅데이터를 이용한 머신러닝 기반 생산량 및 판매 수익금 예측)

  • Lee, Hyunjo;Kim, Yong-Ki;Koo, Hyun Jung;Chae, Cheol-Joo
    • Smart Media Journal
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    • v.11 no.4
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    • pp.19-29
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    • 2022
  • Recently, with the development of IoT technology, the number of farms using smart farms is increasing. Smart farms monitor the environment and optimise internal environment automatically to improve crop yield and quality. For optimized crop cultivation, researches on predict crop productivity are actively studied, by using collected agricultural digital data. However, most of the existing studies are based on statistical models based on existing statistical data, and thus there is a problem with low prediction accuracy. In this paper, we use various predition models for predicting the production and sales profits, and compare the performance results through models by using the agricultural digital data collected in the facility horticultural smart farm. The models that compared the performance are multiple linear regression, support vector machine, artificial neural network, recurrent neural network, LSTM, and ConvLSTM. As a result of performance comparison, ConvLSTM showed the best performance in R2 value and RMSE value.

Evaluation of Distress Prediction Model for Food Service Industry in Korea : Using the Logit Analysis (국내 외식기업의 부실예측모형 평가 : 로짓분석을 적용하여)

  • Kim, Si-Joong
    • Journal of the Korea Academia-Industrial cooperation Society
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    • v.20 no.11
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    • pp.151-156
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    • 2019
  • This study aims to develop a distress prediction model and to evaluate distress prediction power for the food services industry by using 2017 food service industry financial ratios. Samples were collected from 46 food service industries, and we extracted 14 financial ratios from them. The results show that, first, there are eight ratios (financial ratio, current ratio, operating income to sales, net income to assets, ratio of cash flows, income to stockholders' equity, rate of operating income, and total asset turnover) that can discriminate failures in food service industries and the top-level food service industries. Second, by using these eight financial ratios, the logit function classifies the top-level food service industries, and failures in the food service industry can be estimated by using logit analysis. The verification results as to accuracy in the estimated logit analysis indicate that the model's distress-prediction power is 89.1%.

A Basic Study on Sale Price Prediction Model of Apartment Building Projects using Machine Learning Technique (머신러닝 기반 공동주택 분양가 예측모델 개발 기초연구)

  • Son, Seung-Hyun;Kim, Ji-Myong;Han, Bum-Jin;Na, Young-Ju;Kim, Tae-Hee
    • Proceedings of the Korean Institute of Building Construction Conference
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    • 2021.05a
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    • pp.151-152
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    • 2021
  • The sale price of apartment buildings is a key factor in the success or failure of apartment projects, and the factors that affect the sale price of apartments vary widely, including location, environmental factors, and economic conditions. Existing methods of predicting the sale price do not reflect the nonlinear characteristics of apartment prices, which are determined by the complex impact factors of reality, because statistical analysis is conducted under the assumption of a linear model. To improve these problems, a new analysis technique is needed to predict apartment sales prices by complex nonlinear influencing factors. Using machine learning techniques that have recently attracted attention in the field of engineering, it is possible to predict the sale price reflecting the complexity of various factors. Therefore, this study aims to conduct a basic study for the development of a machine learning-based prediction model for apartment sale prices.

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Movie attendance and sales forecast model through big data analysis (빅데이터 분석을 통한 영화 관객수, 매출액 예측 모델)

  • Lee, Eung-hwan;Yu, Jong-Pil
    • The Journal of Bigdata
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    • v.4 no.2
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    • pp.185-194
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    • 2019
  • In the 100-year history of Korean films, Korean films have grown to more than 100 million viewers every year since 2012, and their total sales are estimated at 1 trillion. It is assumed that the influence on the popularity of Korean movies is related to 2012, when 60% of smartphone penetration rate and 30 million subscribers exceeded. As a result, before and after 2012, changes in movie boxing factor variables were needed, and the prediction model trained as a new independent variable was applied to actual data.

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The Impact of Initial eWOM Growth on the Sales in Movie Distribution

  • Oh, Yun-Kyung
    • Journal of Distribution Science
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    • v.15 no.9
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    • pp.85-93
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    • 2017
  • Purpose - The volume and valence of online word-of-mouth(eWOM) have become an important part of the retailer's market success for a wide range of products. This study aims to investigate how the growth of eWOM has generated the product's final financial outcomes in the introductory period influences. Research design, data, and methodology - This study uses weekly box office performance for 117 movies released in the South Korea from July 2015 to June 2016 using Korean Film Council(KOFIC) database. 292,371 posted online review messages were collected from NAVER movie review bulletin board. Using regression analysis, we test whether eWOM incurred during the opening week is valuable to explain the last of box office performance. Three major eWOM metrics were considered after controlling for the major distributional factors. Results - Results support that major eWOM variables play a significant role in box-office outcome prediction. Especially, the growth rate of the positive eWOM volume has a significant effect on the growth potential in sales. Conclusions - The findings highlight that the speed of eWOM growth has an informational value to understand the market reaction to a new product beyond valence and volume. Movie distributors need to take positive online eWOM growth into account to make optimal screen allocation decisions after release.

Prediction of movie audience numbers using hybrid model combining GLS and Bass models (GLS와 Bass 모형을 결합한 하이브리드 모형을 이용한 영화 관객 수 예측)

  • Kim, Bokyung;Lim, Changwon
    • The Korean Journal of Applied Statistics
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    • v.31 no.4
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    • pp.447-461
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    • 2018
  • Domestic film industry sales are increasing every year. Theaters are the primary sales channels for movies and the number of audiences using the theater affects additional selling rights. Therefore, the number of audiences using the theater is an important factor directly linked to movie industry sales. In this paper we consider a hybrid model that combines a multiple linear regression model and the Bass model to predict the audience numbers for a specific day. By combining the two models, the predictive value of the regression analysis was corrected to that of the Bass model. In the analysis, three films with different release dates were used. All subset regression method is used to generate all possible combinations and 5-fold cross validation to estimate the model 5 times. In this case, the predicted value is obtained from the model with the smallest root mean square error and then combined with the predicted value of the Bass model to obtain the final predicted value. With the existence of past data, it was confirmed that the weight of the Bass model increases and the compensation is added to the predicted value.

An Exploratory Study on the Effect of Weather Factors on Sales of Fashion Apparel Products in Department Stores (백화점 패션의류제품에 있어 기상요인이 매출에 미치는 영향에 대한 탐색적 연구)

  • Jang, Eun-Young;Lim, Byung-Hoon
    • Journal of Global Scholars of Marketing Science
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    • v.12
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    • pp.121-134
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    • 2003
  • Weather marketing is firms' effort to incorporate changes of diverse weather factors into marketing planning and activities. The concept has already been applied in many products with mostly seasonal variation. However researches in this area have been limited only in practical areas and has not been supported by scientifIc approaches. Here, we investigated the effect of diverse weather factors like temperature, rain and wind on product sales based on empirical data and scientifIc methodology. For this, we selected the fashion clothing items in department stores. We tried to fInd the relationship between daily sales of clothing items and daily whether factors. Results showed that there is a meaningful relation between the two factors.

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An Analysis of the Price Fluctuation of Landscaping Plants (조경수목의 가격변동 분석)

  • Park, Won Kyu
    • Journal of the Korean Society of Environmental Restoration Technology
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    • v.16 no.6
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    • pp.63-75
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    • 2013
  • The purpose of the study is investigating the price fluctuation of landscaping plants in the Information on Commodity Prices(ICP) and the posted price fluctuation of landscaping plants of Public Procurement Service(PPS) recent 10 years. It also provides the basic information which can be applied to production and sales of landscaping plants, comparing with general price index. The major findings of the study are as follows. First, The price of investigated plants of PPS has increased about 4.56% in average recent 10 years. Among this increase, of evergreen tree was predominant. On the other hand, landscaping trees price of ICP has increased about only 2.34% in average. Secondly, The result shows that average price of investigated plants of PPS is positively related with the price of ICP. For this reason, we found that prices of ICP and of PPS move together in most case. However, we found that there are no relation between Consumer Price Index(CPI), Producer Price Index(PPI) and Agricultural Price Index(API). Therefore, price fluctuation of landscaping trees moves regardless of normal price fluctuation in general. Third, even though result shows that price index of evergreen trees, deciduous trees and shrubs are weakly related with normal price index partly, it was not high enough to be significant. According to the result, we found that price of landscaping plants is not related with market situation. For this reason, we thought that there are some difficulties for the reasonable production and sales of landscaping plants because the price is somewhat decided by rule of thumb. Therefore, understanding the composition of cost and making prediction by price fluctuation available are needed so that it can be practically conducive to reasonable production and sales.