Skip to main content

Financial Forecasting of Invoicing and Cash Inflow Processes for Fair Exhibitions

  • Conference paper

Part of the book series: Lecture Notes in Computer Science ((LNAI,volume 5572))

Abstract

The concept of case-based reasoning (CBR) system for financial forecasting, the dynamics of issuing invoices and the corresponding cash inflow for a fair exhibition is presented in this paper. The aim of the research is the development of a hybrid intelligent tool, based on the heuristic interpolating CBR adaptation phase and the data gravitation classification method in the revise phase. The previous experience with new forecasting is taken into account. Simulations performed are based on the already known behaviour of the adapted logistic curves followed during the last eight years of fair exhibitions. Methodological aspects have been practically tested as a part of the management information system development project of ”Novi Sad Fair”.

This is a preview of subscription content, log in via an institution.

Buying options

Chapter
USD   29.95
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
eBook
USD   84.99
Price excludes VAT (USA)
  • Available as PDF
  • Read on any device
  • Instant download
  • Own it forever
Softcover Book
USD   109.99
Price excludes VAT (USA)
  • Compact, lightweight edition
  • Dispatched in 3 to 5 business days
  • Free shipping worldwide - see info

Tax calculation will be finalised at checkout

Purchases are for personal use only

Learn about institutional subscriptions

Preview

Unable to display preview. Download preview PDF.

Unable to display preview. Download preview PDF.

References

  1. Aamodt, A., Plaza, E.: Case-Based Reasoning: Foundational Issues, Methodological Variation and System Approaches. In: AI Intelligence Commutations, pp. 39–58 (1994)

    Google Scholar 

  2. Simić, D., Kurbalija, V., Budimac, Z., Ivanović, M.: Case-Based Reasoning for Financial Prediction. In: Ali, M., Esposito, F. (eds.) IEA/AIE 2005. LNCS (LNAI), vol. 3533, pp. 839–841. Springer, Heidelberg (2005)

    Chapter  Google Scholar 

  3. Simić, D., Simić, S.: An Approach to Efficient Business Intelligent System for Financial Prediction. Journal: Soft Computing 11(12), 1185–1192 (2007)

    MATH  Google Scholar 

  4. Peng, L., Yang, B.a., Chen, Y., Abraham, A.: Data gravitation based classification. Journal: Information Sciences 179, 809–819 (2009)

    MATH  Google Scholar 

  5. Huang, B.W., Shih, M.L., Nan-Hsing, C., Hu, W.Y., Chiu, C.: Price Information Evaluation and Prediction for Broiler Using Adapted Case-Based Reasoning Approach. Journal: Expert System with Applications 36, 1014–1019 (2009)

    Google Scholar 

  6. Li, H., Sun, L.: Gaussian Case-Based Reasoning for Business Failure Prediction with Empirical Data in China. Journal: Information Sciences 179, 89–108 (2009)

    Google Scholar 

  7. Li, S.T., Ho, H.F.: Predicting Financial Activity with Evolutionary Fuzzy Case-Based Reasoning. Journal: Expert System with Application 36, 411–422 (2009)

    Google Scholar 

  8. Wang, Y.J., Lee, H.S.: A clustering method to identify representative financial ratios. Journal: Information Sciences 178, 1087–1097 (2008)

    MATH  Google Scholar 

Download references

Author information

Authors and Affiliations

Authors

Editor information

Editors and Affiliations

Rights and permissions

Reprints and permissions

Copyright information

© 2009 Springer-Verlag Berlin Heidelberg

About this paper

Cite this paper

Simić, D., Tanackov, I., Gajić, V., Simić, S. (2009). Financial Forecasting of Invoicing and Cash Inflow Processes for Fair Exhibitions. In: Corchado, E., Wu, X., Oja, E., Herrero, Á., Baruque, B. (eds) Hybrid Artificial Intelligence Systems. HAIS 2009. Lecture Notes in Computer Science(), vol 5572. Springer, Berlin, Heidelberg. https://doi.org/10.1007/978-3-642-02319-4_83

Download citation

  • DOI: https://doi.org/10.1007/978-3-642-02319-4_83

  • Publisher Name: Springer, Berlin, Heidelberg

  • Print ISBN: 978-3-642-02318-7

  • Online ISBN: 978-3-642-02319-4

  • eBook Packages: Computer ScienceComputer Science (R0)

Publish with us

Policies and ethics