Usage of Generalized Regression Neural Networks in Determination of the Enterprise’s Future Sales Plan

Neural networks have recently been gaining popularity in the business practice. Research has even confirmed their better performance over traditional methods. This contribution gives an overview of one of the types of neural networks, generalized regression neural networks. These are then used to establish a plan for the future sales of a company. The proposed neural network is potentially applicable in practice when compiling the financial plan of a company derived from the amount of sales.

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