Cadenas de Markov y su impacto en el análisis y pronóstico de ventas de una empresa embotelladora de agua

Translated title of the contribution: Markov Chains and Their Impact on the Analysis and Forecasting of Sales for a Bottled Water Company

Quispe Vásquez Luis Roberto, Aguilar Figueroa Karla, Atalaya Cabrera Katerin, Cabrera Palomino Laura, Duran Cortez Franclin, Vásquez Vega Sharom

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

Abstract

The present investigation was carried out in order to present the application of Markov Chains for sales forecasts in a company specialized in the industrial production of bottled water. To do this, Markov Chains were used to analyze and forecast the sales of its three different products for the next three months. The data reflects sales representatives in the transition matrix states and first-order time series modeling, presenting the one-step transition probability matrix. The experimental results highlight the viability of this method in comparison with classical forecasting approaches, establishing it as a practical and easily applicable option for the company in question.

Translated title of the contributionMarkov Chains and Their Impact on the Analysis and Forecasting of Sales for a Bottled Water Company
Original languageSpanish
Title of host publicationProceedings of the 4th LACCEI International Multiconference on Entrepreneurship, Innovation and Regional Development
Subtitle of host publicationCreating Solutions for a Sustainable Future: Technology-Based Entrepreneurship, LEIRD 2024
EditorsMaria M. Larrondo Petrie, Jose Texier, Rodolfo Andres Rivas Matta
ISBN (Electronic)9786289661309
DOIs
StatePublished - 2024
Event4th LACCEI International Multiconference on Entrepreneurship, Innovation and Regional Development, LEIRD 2024 - Virtual, Online, Colombia
Duration: 2 Dec 20244 Dec 2024

Publication series

NameProceedings of the LACCEI international Multi-conference for Engineering, Education and Technology
ISSN (Electronic)2414-6390

Conference

Conference4th LACCEI International Multiconference on Entrepreneurship, Innovation and Regional Development, LEIRD 2024
Country/TerritoryColombia
CityVirtual, Online
Period2/12/244/12/24

Fingerprint

Dive into the research topics of 'Markov Chains and Their Impact on the Analysis and Forecasting of Sales for a Bottled Water Company'. Together they form a unique fingerprint.

Cite this