G-Tech : Jurnal Teknologi Terapan
Vol 9 No 3 (2025): G-Tech, Vol. 9 No. 3 July 2025

Analysis of Selling Price Determination With Gradient Boosting Algorithm in Traditional Market Stores

Novianto, Bagas Dwi (Unknown)
Kusrini , Kusrini (Unknown)



Article Info

Publish Date
10 Jul 2025

Abstract

Traditional market traders often face difficulties in determining optimal selling prices amid competition from modern retailers. This study aims to apply and compare Gradient Boosting and XGBoost algorithms to develop a selling price prediction model for traditional market stores. The research utilizes two datasets : a large-scale dataset from annual sales data and a small-scale dataset from one month of sales. Model training involves hyperparameter optimization using GridSearchCV and evaluation through metrics such as RMSE, MAE, R², and MAPE. Additionally, feature importance and SHAP analyses were conducted to interpret model behavior. The results demonstrate that both models performed well, with R² values nearing 1.0 and MAPE below 2%. Gradient Boosting outperformed XGBoost on the large dataset, while XGBoost showed better accuracy on the small dataset. These findings highlight the potential of machine learning in supporting data-driven pricing strategies for traditional markets.

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Journal Info

Abbrev

g-tech

Publisher

Subject

Computer Science & IT Decision Sciences, Operations Research & Management Energy Engineering

Description

Jurnal G-Tech bertujuan untuk mempublikasikan hasil penelitian asli dan review hasil penelitian tentang teknologi dan terapan pada ruang lingkup keteknikan meliputi teknik mesin, teknik elektro, teknik informatika, sistem informasi, agroteknologi, ...