Student Researchers: Jai Kedia, Giang Nguyen, Ryan Snyder
Faculty Advisors: Denise Byrnes (CS) and Robert Wooster (Math)
The purpose of this project was to predict future quarterly industry tire sales. More specifically, there are three tire markets within the overall tire industry: consumer replacement, commercial replacement, and commercial original equipment. The interesting aspect of our project was the fact that we did not use historical tire sales to aid in our predictions, but rather only used economic indicators, such as the stock market, unemployment, and business inventories. The main challenge of this project was determining which economic factors were the optimal predictors for each market. We utilized regression techniques to choose the best indicators and artificial neural networks to make the predictions.
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Areas of Study
Taylor Hall308 E. University StreetWooster, OH 44691Phone: 330-263-2478JMiddleton@Wooster.edu
1189 Beall Avenue, Wooster, Ohio 44691. (330) 263-2000
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