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INTERNATIONAL JOURNAL OF NOVEL RESEARCH AND DEVELOPMENT International Peer Reviewed & Refereed Journals, Open Access Journal ISSN Approved Journal No: 2456-4184 | Impact factor: 8.76 | ESTD Year: 2016 Scholarly open access journals, Peer-reviewed, and Refereed Journals, Impact factor 8.76 (Calculate by google scholar and Semantic Scholar | AI-Powered Research Tool) , Multidisciplinary, Monthly, Indexing in all major database & Metadata, Citation Generator, Digital Object Identifier(DOI) |
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| Paper Title: | Identifying and exploring areas in the Retail Industry that could apply machine learning Algorithms and suggesting algorithms |
| Authors Name: | Sigma Nasit |
| Download E-Certificate: | Download |
| Author Reg. ID: |
IJNRD_206249
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| Published Paper Id: | IJNRD2310066 |
| Published In: | Volume 8 Issue 10, October-2023 |
| DOI: | |
| Abstract: | The retail industry faces many challenges such as : right product fit, small basket value, poor management of inventory, right recommendation systems etc, all these things are connected by a common thread i.e it is all human thinking. Thus these become a perfect fit for Machine Learning ( a subset of Artificial Intelligence ) that can mimic human thinking and thus provide predictions that can be used by businesses to optimize themselves. In this paper we will be discussing the common problems faced in the retail industry and in what area.We will be exploring how and which Machine Learning algorithms can be used for a specific problem, which will be the best fit ,some variables in performance with different algorithms and feasibility of these algorithms. |
| Keywords: | Machine Learning , Data, Retail Industry, Marketing, Inventory Management, Pricing, Data Analytics, Artificial Intelligence |
| Cite Article: | "Identifying and exploring areas in the Retail Industry that could apply machine learning Algorithms and suggesting algorithms", International Journal of Novel Research and Development (www.ijnrd.org), ISSN:2456-4184, Vol.8, Issue 10, page no.a571-a580, October-2023, Available :http://www.ijnrd.org/papers/IJNRD2310066.pdf |
| Downloads: | 000118753 |
| ISSN: |
2456-4184 | IMPACT FACTOR: 8.76 Calculated By Google Scholar| ESTD YEAR: 2016 An International Scholarly Open Access Journal, Peer-Reviewed, Refereed Journal Impact Factor 8.76 Calculate by Google Scholar and Semantic Scholar | AI-Powered Research Tool, Multidisciplinary, Monthly, Multilanguage Journal Indexing in All Major Database & Metadata, Citation Generator |
| Publication Details: |
Published Paper ID:IJNRD2310066 Registration ID: 206249 Published In: Volume 8 Issue 10, October-2023 DOI (Digital Object Identifier): Page No: a571-a580 Country: Thaltej, Ahmedabad, Gujarat, India Research Area: Engineering Publisher : IJ Publication Published Paper URL : https://www.ijnrd.org/viewpaperforall?paper=IJNRD2310066 Published Paper PDF: https://www.ijnrd.org/papers/IJNRD2310066 |
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