DESIGN AND IMPLEMENTATION OF A SALES FORECASTING SYSTEM USING LINEAR REGRESSION MODEL
- Project Research
- 1-5 Chapters
- Abstract : Available
- Table of Content: Available
- Reference Style:
- Recommended for : Student Researchers
- NGN 3000
OBJECTIVE OF STUDY
In view of the problems mentioned above, this project is aimed at implementing a sales forecasting system using linear regression model and with an added POS system
- Manage and forecast sales
- Automate customer, product, supplier management on the system
- Manage system access and roles on the system
- Manage every users of the system
RESEARCH JUSTIFICATION
This research work will provide a reliable way of handling sales and sales forecasting using linear regression model to forecast sales in and financial institution. Furthermore, it will aids structural document representation and eliminates the tedium of performing monotonous transaction. This research will also contribute to existing literature in this area and will serve as a guild or blueprint for an undergraduate student.
RESEARCH METHODOLOGY
This research work “design and implementation of a “Sales Forecasting System” will be a web-based application and will be implemented on a relational database system (MySQL). Html (hypertext markup language), css (cascading style sheet) and Jquery will be used to design the web-user interface, php (hypertext preprocessor) will be used as the serve- side script language to link the interface and the database.
SCOPE AND LIMITATION OF STUDY
This research work is to develop a system capable of managing sales on a daily basis using a “Point of Sales (POS)” method and also, being able to forecast sales using linear regression model.
The system will not incorporate in its development all the models use for sales forecasting but will focus only on the aforementioned models and functionalities. The system will not be responsible for any loss of data if its environment (network/system installed on) is corrupt.
CHAPTER LAYOUT
This section was put in place to explain what each chapter does, chapter one introduces the project to the reader by explaining the problems the project is supposed to solve, objective of the study and research justification is to describe to the reader the purpose and the importance of researching on this topic, research methodology is all about the method used in implementing the research work, scope and limitation describes the boundary of the research work and where the project work can be put into use.
Chapter two deals with the literature review and state-of-the-art. This chapter discusses literature review, what people have published related to this research work and their shortcoming, how this present research can improve their shortcomings.
Chapter three deals with the system design methodology i.e. collection of tools methods and practices for achieving a task; the requirement specification states the expectation of the system analysis, and design which is the blueprint of what the system would carry out.
Chapter four has to do with the implementation, system testing strategies, target computer system requirement, software maintenance etc.
Chapter five discusses the recommendations and conclusion part of the research work and how this work can be applied to the problem domain.
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