Easy, reliable method for mid-term demand forecasting based on the Bass model: a hybrid approach of NLS and OLS

DOI10.1016/j.ejor.2015.07.034zbMath1346.62160MaRDI QIDQ320752

Jungsik Hong, Hoonyoung Koo, Taegu Kim

Publication date: 7 October 2016

Published in: European Journal of Operational Research (Search for Journal in Brave)

Full work available at URL: https://doi.org/10.1016/j.ejor.2015.07.034

zbMATH Keywords

genetic algorithm; forecasting; new product diffusion; nonlinear least square; ordinary least square

Mathematics Subject Classification ID

62P20: Applications of statistics to economics

91B42: Consumer behavior, demand theory

Uses Software

• Matlab
• Excel