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Modeling Industrial Production of Pasteurized Milk in Algeria
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Journal Article
Modeling Industrial Production of Pasteurized Milk in Algeria
2024
Overview
This study aims to estimate a model for forecasting the annual industrial production of pasteurized milk in Algeria using the Box-Jenkins methodology, applied to data from 1980 to 2022. The analysis concluded with the estimation of an Autoregressive Integrated Moving Average (ARIMA) model, specifically ARIMA (13, 1, 9), demonstrating reasonable accuracy with a MAPE of 21%. The model forecasts that the industrial production of pasteurized milk will increase to approximately 11,955,000 hectoliters by 2028.
Publisher
جامعة طاهري محمد، بشار - كلية العلوم الاقتصادية والعلوم التجارية وعلوم التسيير
Subject
