Research Article

Applying Different Independent Component Analysis Algorithms and Support Vector Regression for IT Chain Store Sales Forecasting

Table 8

Forecasting accuracy comparison of the five forecasting schemes under three different forecast horizons.

ModelsBranches
B1B2B3B4B5B6B7B8B9B10

1-month ahead forecast
tICA-SVR13.97%16.45%13.92%15.61%17.75%15.39%17.49%12.33%12.40%14.20%
sICA-SVR21.32%17.37%22.12%17.44%17.95%16.88%17.71%21.26%16.36%24.92%
t-stICA-SVR6.64%6.03%7.20%7.34%4.81%7.28%5.03%4.37%4.33%11.79%
s-stICA-SVR13.11%12.26%13.86%15.11%16.07%9.34%15.04%9.60%10.75%13.50%
Single SVR24.84%26.93%25.87%21.58%25.04%21.76%22.33%28.75%21.90%30.36%

3-month ahead forecast
tICA-SVR18.41%18.36%20.29%24.70%26.71%25.02%18.62%17.00%21.17%16.45%
sICA-SVR28.90%18.96%30.12%25.61%26.78%26.56%19.88%27.76%24.20%30.01%
t-stICA-SVR15.44%13.40%17.15%15.98%7.56%15.14%12.83%11.42%12.33%19.51%
s-stICA-SVR19.16%19.98%17.63%18.08%20.45%16.61%20.17%12.54%17.77%15.13%
Single SVR33.68%35.13%29.02%27.51%29.06%27.69%28.05%31.84%25.16%32.32%

6-month ahead forecast
tICA-SVR33.08%29.36%33.71%35.05%35.45%29.95%31.24%25.77%31.94%31.48%
sICA-SVR36.88%30.30%35.54%32.14%29.39%32.35%36.88%35.80%30.20%38.63%
t-stICA-SVR20.31%24.34%22.20%19.87%22.80%19.65%23.89%18.69%22.71%26.42%
s-stICA-SVR26.84%27.31%26.19%27.46%34.52%23.28%34.83%28.13%26.93%30.45%
Single SVR37.10%40.48%44.76%36.82%42.79%38.80%35.86%47.77%38.06%50.27%

Note: The values in this table are MAPE.