Forecasting product sales with a stochastic Bass model

Abstract With the Bass model and data of previous sales a point estimate of future sales can be made for the purpose of stock management. In order to obtain information about the accuracy of that estimate a confidence interval can be of use. In this study such an interval is constructed from a Bass...

Full description

Bibliographic Details
Main Authors: Johan Grasman, Marcel Kornelis
Format: Article
Language:English
Published: SpringerOpen 2019-02-01
Series:Journal of Mathematics in Industry
Subjects:
Online Access:http://link.springer.com/article/10.1186/s13362-019-0059-6