Title
Specification and prediction of net income using by generalized regression Neural Network (A case study)
Date Issued
01 June 2011
Access level
metadata only access
Resource Type
journal article
Author(s)
University of Pune
Abstract
Forecasting the future of mining activity is noted to be the most important purpose of decision makers. Net income is a particular parameter that plays significant role in gaining the attention of investors. It is demonstrated that by indicating key parameters affecting on the net income, prediction of net income will be considerably successful. Thus, the aim of this paper is to use an artificial intelligence method named generalized regression neural network (GRNN) for prediction of net income by taking into consideration of discounted cash flow table and six important parameters namely number of competitor, sales volume, annual cost, supply and demand, tax rate and inflation rate. Considering the six expressed parameters and Jade mine, Iran as case study, GRNN has shown appropriate result in the both training and testing step. As a result, GRNN has introduced itself as a robust method in the wide variety application of regression tasks.
Start page
1553
End page
1557
Volume
5
Issue
6
Language
English
OCDE Knowledge area
MineralogÃa
EconomÃa
Subjects
Scopus EID
2-s2.0-83355168035
Source
Australian Journal of Basic and Applied Sciences
ISSN of the container
19918178
Sources of information:
Directorio de Producción CientÃfica
Scopus