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PPT

Uploaded by

warsijunaid618
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© © All Rights Reserved
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You are on page 1/ 14

PREDICTIVE ANALYSIS FOR

BIG MART SALES USING


MACHINE LEARNING
ALGORITHMS
ABSTRACT
 Currently, supermarket run-centres, Big Marts keep
track of each individual item's sales data in order to
anticipate potential consumer demand and update
inventory management. Anomalies and general
trends are often discovered by mining the data
warehouse's data store. For retailers like Big Mart,
the resulting data can be used to forecast future
sales volume using various machine learning
techniques like big mart. A predictive model was
developed using Decision Tree Regression for
forecasting the sales of a business such as Big -
Mart, and it was discovered that the model
outperforms existing models.
EXISTING SYSTEM
 Auto-Regressive Integrated Moving Average, (ARMA)
Auto-Regressive Moving Average, have been utilized
to develop a few deals forecast standards. Be that as
it may, deals anticipating is a refined issue and is
influenced by both outer and inside factors, and there
are two significant detriments to the measurable
technique as set out in A. S. Weigend et A mixture
occasional quantum relapse approach and (ARIMA)
Auto-Regressive Integrated Moving Average way to
deal with every day food deals anticipating were
recommend by N. S. Arunraj and furthermore found
that the exhibition of the individual model was
moderately lower than that of the crossover model.
 E. Hadavandi utilized the incorporation
of “Genetic Fuzzy Systems (GFS)” and
information gathering to conjecture the
deals of the printed circuit board. In their
paper, K-means bunching delivered K
groups of all information records. At that
point, all bunches were taken care of
into autonomous with a data set tuning
and rule-based extraction ability.
 Perceived work in the field of deals gauging was
done by P.A. Castillo, Sales estimating of new
distributed books was done in a publication
market the executives setting utilizing
computational techniques. “Artificial neural
organizations” are additionally utilized nearby
income estimating. Fluffy Neural Networks have
been created with the objective of improving
prescient effectiveness, and the Radial “Base
Function Neural Network (RBFN)” is required to
have an incredible potential for anticipating
deals.
DISADVANTAGES OF EXISTING SYSTEM

 Complex models like neural networks are


overkill for simple problems like
regression.
 Existing system models prediction
analysis which gives less accuracy.
 Forecasting methods and applications
contains Lack of Data and short life
cycles. So some of the data like historical
data, consumer-oriented markets face
uncertain demands, can be prediction for
accurate result.
PROPOSED SYSTEM
 The objective of this proposed system is
to predict the future sales from given
data of the previous year's using
Decision Tree Regression
 Another objective is to conclude the best
model which is more efficient and gives
fast and accurate result by using
Decision Tree Regression.
 To find out key factors that can increase
their sales and what changes could be
made to the product or store's
 Experts also shown that a smart sales
forecasting program is required to manage vast
volumes of data for business organizations.
 We are predicting the accuracy for Decision Tree
Regression. Our predictions help big marts to
refine their methodologies and strategies which
in turn helps them to increase their profit. The
results predicted will be very useful for the
executives of the company to know about their
sales and profits. This will also give them the
idea for their new locations or Centre’s of
Bigmart
ADVANTAGES OF PROPOSED SYSTEM

 Business assessments are based on the


speed and precision of the methods used
to analyze the results. The Machine
Learning Methods presented in this
research paper should provide an
effective method for data shaping and
decision-making.
 New approaches that can better identify
consumer needs and formulate
marketing plans will be implemented.
 The outcome of machine learning
algorithm will help to select the most
suitable demand prediction algorithm
and with the aid of which BigMart will
prepare its marketing campaigns.
SYSTEM ARCHITECTURE
HARDWARE REQUIREMENTS
 System : Pentium i3
Processor.
 Hard Disk : 500 GB.
 Monitor : 15’’ LED
 Input Devices : Keyboard,
Mouse
 Ram : 4 GB
SOFTWARE REQUIREMENTS
 Operating system : Windows
10.
 Coding Language : Python
 Web Framework : Flask
REFERENCE
 Ranjitha P, Spandana M, “Predictive
Analysis for Big Mart Sales Using
Machine Learning Algorithms”, IEEE
Conference, 2021.

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