{"id":"https://openalex.org/W2180608136","doi":null,"title":"Sale Forecasting of Merck Pharma Company using ARMA Model","display_name":"Sale Forecasting of Merck Pharma Company using ARMA Model","publication_year":2015,"publication_date":"2015-01-01","ids":{"openalex":"https://openalex.org/W2180608136","mag":"2180608136"},"language":"en","primary_location":{"id":"pmh:oai:ojs.localhost:article/26907","doi":null,"is_oa":true,"landing_page_url":"http://iiste.org/Journals/index.php/RJFA/article/view/26907","pdf_url":"http://iiste.org/Journals/index.php/RJFA/article/view/26907","source":{"id":"https://openalex.org/S4306401197","display_name":"Journals & Books Hosting (International Knowledge Sharing Platform)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Research Journal of Finance and Accounting; Vol 6, No 21 (2015); 30-36","raw_type":"info:eu-repo/semantics/article"},"volume":null,"type":"article","is_traditional":true,"indexed_in":[],"open_access":{"is_oa":true,"oa_status":"green","oa_url":"http://iiste.org/Journals/index.php/RJFA/article/view/26907","any_repository_has_fulltext":true},"authorships":[{"author_position":"first","author":{"id":"https://openalex.org/A5000609836","display_name":"Nawaz Ahmad","orcid":"https://orcid.org/0000-0002-6029-7868","observed_orcids":["https://orcid.org/0000-0002-6029-7868","https://orcid.org/0000-0002-6871-8540"]},"institutions":[],"countries":[],"is_corresponding":false,"raw_author_name":"Nawaz Ahmad","raw_affiliation_strings":["RTS (Research, Trainings, and Solutions)"],"raw_orcid":"https://orcid.org/0000-0002-6029-7868","affiliations":[{"raw_affiliation_string":"RTS (Research, Trainings, and Solutions)","institution_ids":[]}]},{"author_position":"middle","author":{"id":"https://openalex.org/A5009652752","display_name":"Fouzia Nasir","orcid":"https://orcid.org/0009-0008-4906-0190","observed_orcids":["https://orcid.org/0009-0008-4906-0190"]},"institutions":[{"id":"https://openalex.org/I4210093622","display_name":"Indus University","ror":"https://ror.org/00hqpmg61","country_code":"PK","type":"education","lineage":["https://openalex.org/I4210093622"]},{"id":"https://openalex.org/I70764227","display_name":"Indus University","ror":"https://ror.org/03ehk1n67","country_code":"IN","type":"education","lineage":["https://openalex.org/I70764227"]}],"countries":["IN","PK"],"is_corresponding":false,"raw_author_name":"Fouzia Nasir","raw_affiliation_strings":["INDUS University"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"INDUS University","institution_ids":["https://openalex.org/I4210093622","https://openalex.org/I70764227"]}]},{"author_position":"last","author":{"id":"https://openalex.org/A5083643556","display_name":"Usman Aleem","orcid":null,"observed_orcids":[]},"institutions":[{"id":"https://openalex.org/I103583917","display_name":"Karachi Institute of Economics and Technology","ror":"https://ror.org/02sdmkj94","country_code":"PK","type":"education","lineage":["https://openalex.org/I103583917"]}],"countries":["PK"],"is_corresponding":false,"raw_author_name":"Usman Aleem","raw_affiliation_strings":["Pakistan Air Force - Karachi Institute of Economics & Technology (PAFKIET)"],"raw_orcid":null,"affiliations":[{"raw_affiliation_string":"Pakistan Air Force - Karachi Institute of Economics & Technology (PAFKIET)","institution_ids":["https://openalex.org/I103583917"]}]}],"institutions":[],"countries_distinct_count":2,"institutions_distinct_count":3,"corresponding_author_ids":[],"corresponding_institution_ids":[],"apc_list":null,"apc_paid":null,"fwci":0.0,"has_fulltext":true,"cited_by_count":3,"citation_normalized_percentile":{"value":0.10518787,"is_in_top_1_percent":false,"is_in_top_10_percent":false},"cited_by_percentile_year":{"min":95,"max":96},"biblio":{"volume":"6","issue":"21","first_page":"30","last_page":"36"},"is_retracted":false,"is_paratext":false,"is_xpac":false,"primary_topic":{"id":"https://openalex.org/T11918","display_name":"Forecasting Techniques and Applications","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},"topics":[{"id":"https://openalex.org/T11918","display_name":"Forecasting Techniques and Applications","score":0.9994999766349792,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}},{"id":"https://openalex.org/T12205","display_name":"Time Series Analysis and Forecasting","score":0.0005000000237487257,"subfield":{"id":"https://openalex.org/subfields/1711","display_name":"Signal Processing"},"field":{"id":"https://openalex.org/fields/17","display_name":"Computer Science"},"domain":{"id":"https://openalex.org/domains/3","display_name":"Physical Sciences"}},{"id":"https://openalex.org/T11326","display_name":"Stock Market Forecasting Methods","score":9.999999747378752e-05,"subfield":{"id":"https://openalex.org/subfields/1803","display_name":"Management Science and Operations Research"},"field":{"id":"https://openalex.org/fields/18","display_name":"Decision Sciences"},"domain":{"id":"https://openalex.org/domains/2","display_name":"Social Sciences"}}],"keywords":[{"id":"https://openalex.org/keywords/sales-forecasting","display_name":"sales forecasting","score":0.9779999852180481},{"id":"https://openalex.org/keywords/pharmaceutical-industry","display_name":"pharmaceutical industry","score":0.8679999709129333},{"id":"https://openalex.org/keywords/arma-models","display_name":"ARMA models","score":0.8029999732971191},{"id":"https://openalex.org/keywords/ar-1-model","display_name":"AR(1) model","score":0.7459999918937683},{"id":"https://openalex.org/keywords/ma-1-model","display_name":"MA(1) model","score":1.0},{"id":"https://openalex.org/keywords/time-series-forecasting","display_name":"time series forecasting","score":0.6779999732971191},{"id":"https://openalex.org/keywords/monthly-sales-data","display_name":"monthly sales data","score":0.7260000109672546},{"id":"https://openalex.org/keywords/stationarity","display_name":"stationarity","score":0.597000002861023}],"concepts":[{"id":"https://openalex.org/C2984642479","wikidata":"https://www.wikidata.org/wiki/Q7404320","display_name":"Sales forecasting","level":2,"score":0.5136984586715698},{"id":"https://openalex.org/C144133560","wikidata":"https://www.wikidata.org/wiki/Q4830453","display_name":"Business","level":0,"score":0.47846198081970215},{"id":"https://openalex.org/C155512373","wikidata":"https://www.wikidata.org/wiki/Q287450","display_name":"Residual","level":2,"score":0.46705520153045654},{"id":"https://openalex.org/C149782125","wikidata":"https://www.wikidata.org/wiki/Q160039","display_name":"Econometrics","level":1,"score":0.45921823382377625},{"id":"https://openalex.org/C162118730","wikidata":"https://www.wikidata.org/wiki/Q1128453","display_name":"Actuarial science","level":1,"score":0.3679249882698059},{"id":"https://openalex.org/C162324750","wikidata":"https://www.wikidata.org/wiki/Q8134","display_name":"Economics","level":0,"score":0.35058140754699707},{"id":"https://openalex.org/C42475967","wikidata":"https://www.wikidata.org/wiki/Q194292","display_name":"Operations research","level":1,"score":0.34038347005844116},{"id":"https://openalex.org/C41008148","wikidata":"https://www.wikidata.org/wiki/Q21198","display_name":"Computer science","level":0,"score":0.24214017391204834},{"id":"https://openalex.org/C127413603","wikidata":"https://www.wikidata.org/wiki/Q11023","display_name":"Engineering","level":0,"score":0.22961431741714478},{"id":"https://openalex.org/C11413529","wikidata":"https://www.wikidata.org/wiki/Q8366","display_name":"Algorithm","level":1,"score":0.0}],"mesh":[],"locations_count":2,"locations":[{"id":"pmh:oai:ojs.localhost:article/26907","doi":null,"is_oa":true,"landing_page_url":"http://iiste.org/Journals/index.php/RJFA/article/view/26907","pdf_url":"http://iiste.org/Journals/index.php/RJFA/article/view/26907","source":{"id":"https://openalex.org/S4306401197","display_name":"Journals & Books Hosting (International Knowledge Sharing Platform)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Research Journal of Finance and Accounting; Vol 6, No 21 (2015); 30-36","raw_type":"info:eu-repo/semantics/article"},{"id":"mag:3125861292","doi":null,"is_oa":false,"landing_page_url":"https://www.iiste.org/Journals/index.php/RJFA/article/download/26907/27590","pdf_url":null,"source":{"id":"https://openalex.org/S2764670906","display_name":"Research Journal of Finance and Accounting","issn_l":"2222-1697","issn":["2222-1697","2222-2847"],"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":["anvur-scientific"],"host_organization":"https://openalex.org/P4310320723","host_organization_name":"IISTE","host_organization_lineage":["https://openalex.org/P4310320723"],"host_organization_lineage_names":["IISTE"],"type":"journal"},"license":null,"license_id":null,"version":null,"is_accepted":false,"is_published":false,"raw_source_name":"Research Journal of Finance and Accounting","raw_type":null}],"best_oa_location":{"id":"pmh:oai:ojs.localhost:article/26907","doi":null,"is_oa":true,"landing_page_url":"http://iiste.org/Journals/index.php/RJFA/article/view/26907","pdf_url":"http://iiste.org/Journals/index.php/RJFA/article/view/26907","source":{"id":"https://openalex.org/S4306401197","display_name":"Journals & Books Hosting (International Knowledge Sharing Platform)","issn_l":null,"issn":null,"is_oa":false,"is_in_doaj":false,"is_core":false,"listed_in":[],"host_organization":null,"host_organization_name":null,"host_organization_lineage":[],"host_organization_lineage_names":[],"type":"repository"},"license":null,"license_id":null,"version":"submittedVersion","is_accepted":false,"is_published":false,"raw_source_name":"Research Journal of Finance and Accounting; Vol 6, No 21 (2015); 30-36","raw_type":"info:eu-repo/semantics/article"},"sustainable_development_goals":[],"study_designs":[],"awards":[],"funders":[],"has_content":{"grobid_xml":true,"pdf":true},"content_urls":{"pdf":"https://content.openalex.org/works/W2180608136.pdf","grobid_xml":"https://content.openalex.org/works/W2180608136.grobid-xml"},"referenced_works_count":1,"referenced_works":["https://openalex.org/W1558083467"],"related_works":["https://openalex.org/W3039326151","https://openalex.org/W7220541335","https://openalex.org/W3198465201","https://openalex.org/W7161830286","https://openalex.org/W2152628678","https://openalex.org/W4404892138","https://openalex.org/W3135294663","https://openalex.org/W7154702984","https://openalex.org/W7219802897","https://openalex.org/W7213288693"],"abstract_inverted_index":{"This":[0],"study":[1,20,28,34,117],"aims":[2],"to":[3,10,49,111],"develop":[4],"a":[5],"stochastic":[6],"framework":[7],"of":[8,43,114],"model":[9,74],"forecast":[11],"future":[12],"sales":[13,26,85,94,109],"for":[14],"pharmaceutical":[15],"industry.In":[16],"this":[17,116],"regard,":[18],"the":[19,30,40,44,59,64,69,91,97,112,124],"focuses":[21],"on":[22,106],"Merck":[23],"Pharmaceutical":[24],"monthly":[25,36],"data.This":[27],"examines":[29],"Sale":[31],"forecasting":[32],"models.The":[33],"includes":[35],"data":[37,65],"published":[38],"in":[39,84,90],"annual":[41],"reports":[42],"company":[45],"from":[46],"Jan.":[47],"2008":[48],"Dec.":[50],"2012.The":[51],"time":[52,60],"series":[53],"diagram":[54],"shows":[55,78],"unequal":[56],"means":[57],"over":[58],"period":[61],"that":[62,79,89],"suggests":[63],"is":[66,75],"stationary.Having":[67],"transformed":[68],"data,":[70],"ARMA":[71],"(1,":[72],"1)":[73],"applied":[76],"which":[77],"there":[80],"will":[81],"be":[82],"increase":[83],"by":[86],"$6.784m":[87],"given":[88],"last":[92,99],"month":[93,108],"were":[95],"$1bn.On":[96],"contrary,":[98],"month's":[100],"residual":[101],"has":[102],"an":[103],"adverse":[104],"effect":[105],"current":[107],"up":[110],"extent":[113],"$432.942m.In":[115],"AR":[118],"(1)":[119,122],"and":[120],"MA":[121],"both":[123],"processes":[125],"are":[126],"significant":[127],"at":[128],"1%":[129]},"counts_by_year":[{"year":2022,"cited_by_count":3}],"updated_date":"2026-09-24T07:57:37.273135","created_date":"2016-06-24T00:00:00"}
