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  • 标题:Advantages and Disadvantages of Using Neural Networks for Predictions
  • 本地全文:下载
  • 作者:Ciobanu Dumitru ; Vasilescu Maria
  • 期刊名称:Ovidius University Annals: Economic Sciences Series
  • 电子版ISSN:2393-3127
  • 出版年度:2013
  • 卷号:13
  • 期号:1
  • 语种:English
  • 出版社:Ovidius University Press
  • 摘要:Prediction is very important in business planning. The ability to accurately predict the future is fundamental to many decision activities in sales,marketing,production,inventory control,personnel,and many other functional areas of business. Time series modeling approach is one of the major techniques widely used in practice. In general,there are two approaches to modeling and forecasting time series: linear approach and nonlinear approach. Linear models [2] were used for a long time and are still very useful,but linearity assumptions underlying these models may be too restrictive. A nonlinear model more flexible is Artificial Neural Networks (ANN),which have received attention recently [19]. The major advantage of neural networks is that they are data driven and does not require restrictive assumptions about the form of the basic model. In this paper emphasize the strengths and weaknesses of neural networks.
  • 关键词:Time Series;Prediction;Nonlinear models;Artificial Intelligence;Neural Networks.
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