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Artificial neural networks to estimate the forecast of tourism demand in Peru

  • Universidad Peruana de Ciencias Aplicadas

Research output: Chapter in Book/Report/Conference proceedingConference contributionpeer-review

10 Scopus citations

Abstract

Service companies, for the most part, do not have physical inventories that allow them to cushion demand variability. The high logistics costs of each process of the company are the reflection of these differences in the forecast. For this reason, having a successful demand forecast will generate a competitive advantage in companies that take these processes with interest. In the present work it is possible to estimate the amount of tourist packages that will be sold in the next three months using ANN (artificial neural networks) that present a decrease in the error of the current situation of 9.89% which, together with a forecast management system of adequate demand, it was thus possible to reduce the logistics costs of the services company by up to 33%.

Original languageEnglish
Title of host publicationSHIRCON 2019 - 2019 IEEE Sciences and Humanities International Research Conference
PublisherInstitute of Electrical and Electronics Engineers Inc.
ISBN (Electronic)9781728138183
DOIs
StatePublished - Nov 2019
Event2019 IEEE Sciences and Humanities International Research Conference, SHIRCON 2019 - Lima, Peru
Duration: 13 Nov 201915 Nov 2019

Publication series

NameSHIRCON 2019 - 2019 IEEE Sciences and Humanities International Research Conference

Conference

Conference2019 IEEE Sciences and Humanities International Research Conference, SHIRCON 2019
Country/TerritoryPeru
CityLima
Period13/11/1915/11/19

Keywords

  • artificial intelligence
  • artificial neural networks
  • demand forecast
  • forecast management
  • tourism

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