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Demand Forecasting of Toyota Avanza Cars in Indonesia: Grey Systems Approach
2021
International Journal of Grey Systems
Toyota Avanza car is a popular four-wheeler among Indonesia middle-class customers. The current study aims to forecast the demand for Toyota Avanza cars in Indonesia in the next six years using the grey forecasting model EGM (1,1, α, θ). The comparative analysis of the results obtained from the grey model with those of Linear Regression, Exponential Regression, and Exponential Triple Smoothing techniques revealed the superiority of the grey model as it produced most accurate forecasts. The
doi:10.52812/ijgs.24
fatcat:uwmg5mqjsnefjj2ve3c6qm2f64