Document Type : بحث

Authors

10.34009/aujeas.2023.182283

Abstract

    Sales forecasting is the process of predicting how much money someone will make over a certain period of time. It is used to determine how many products you need to make, how much inventory you need to keep on hand, and when you will need to order more. The aim of this study is to forecast and determine the market share of rice using Markov chains model. The Markov chains model is one of the most important quantitative models that decision makers need to know, and its importance arises from its broad application areas, in which it has been successfully applied to predict a system over a given period of time. The results of this study showed that the market share is divided into three-time period. In the first period, the consumption ascending of the rice is as follows: other rice varieties, golden roster rice, ration card rice, Mahmood rice, and Kurdish rice, where as in the second period the consumption ascending of rice is as follows: other rice varieties, golden rooster rice, Mahmood rice and ration card rice, and Kurdish rice In the third period, the consumption ascending of the rice is as follows: other types of rice, Mahmood rice and golden rooster rice, Kurdish rice and ration card rice

Keywords

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