Profit Prediction Model for Steel Enterprises Based on Commodity Prices of Inputs and Outputs
摘要
This article presents a method for forecasting profits of steel industry enterprises based on the cost of production input materials and the selling price of output products. The proposed model allows forecasting a business's profit in advance based on the price fluctuations of the input and output products the business uses to produce steel. From data published in real time on commodity price exchanges, price forecasting models will be introduced to forecast future commodity prices, thereby predicting the profits of steel manufacturing enterprises.