Forecasting sales of items in retail chains

Predicting sales of items for the next 28 days.

Table of content:

1. Business Problem.
2. Source of data.
3. Use of Machine learning.
4. Existing approach of the problem.
5. Exploratory Data Analysis.
6. My first cut approach to the problem.
7. Models explanation.
8. Comparison of the models.
9. Future work.
10. References.

1. Business Problem

Big Retails stores like Walmart that operates a chain of hypermarkets, discount department stores, and grocery stores have to keep a track on sales and pricing of goods. They have of keep a balance between demand of the products and the stock of the product in the stores. …