Arima Model for Forecasting the Price of Medium Quality Rice to Anticipate Price Fluctuations

The objective of this study is to develop the time series model so the model can give a forecast value of rice price using ARIMA

Margaretha Ohyver; Herena Pudjihastuti

2018

Scholarcy highlights

  • The objective of this study is to develop the time series model so the model can give a forecast value of rice price using ARIMA
  • Price monitoring is conducted to achieve the good development of domestic trade
  • The model ARIMA(1,1,2) is suitable for medium quality rice for data period from January 2015 because it has a good accuracy

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