Journal of Computer Networks, Architecture and High Performance Computing
Vol. 5 No. 2 (2023): Article Research Volume 5 Issue 2, July 2023

The application of Neural Prophet Time Series in predicting rice stock at Rice Stores

Hindarto, Djarot (Unknown)
Hendrata, Ferial (Unknown)
Hariadi, Mochamad (Unknown)



Article Info

Publish Date
15 Aug 2023

Abstract

Efficient inventory management and consistent rice supply are pivotal for the sustainability of small-scale food stalls. This research introduces an innovative approach to address this challenge through the Neural Prophet algorithm. By synergizing neural networks with additive regression models, the Neural Prophet captures intricate temporal patterns and trends within rice sales data. Our study evaluates the Neural Prophet's effectiveness in predicting rice sales, specifically for essential food vendors. Leveraging historical sales data from June 2022 to April 2023, the algorithm incorporates seasonality and trends and integrates external events, such as holidays, to heighten prediction precision. Our findings underscore the Neural Prophet's remarkable prowess in forecasting rice sales at primary food kiosks, adeptly discerning data trends and fluctuations, culminating in reliable future sales projections. The model boasts compelling performance metrics: MAE = 12.90, RMSE = 15.80, and Loss = 0.0313. Beyond its technical merits, this research carries significant practical implications, empowering proprietors and suppliers of basic food stalls to streamline inventory management, avert stockouts, and curtail overstocking by harnessing the precision of rice demand forecasting facilitated by the Neural Prophet algorithm.

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Journal Info

Abbrev

CNAPC

Publisher

Subject

Computer Science & IT Education

Description

Journal of Computer Networks, Architecture and Performance Computing is a scientific journal that contains all the results of research by lecturers, researchers, especially in the fields of computer networks, computer architecture, computing. this journal is published by Information Technology and ...