IEEE Consumer Electronics Magazine - November/December 2021 - 45

Feature Article: Smart Cities
A Decision Support
Benchmark for
Forecasting the
Consumption of
Agriculture Stocks
Najam Ul Hassan, Farrukh Zeeshan Khan,
and Hafsa Bibi
University of Engineering and Technology
Nokhaiz Tariq Khan
Riphah School of Business Management
Anand Nayyar
Duy Tan University
Muhammad Bilal
Hankuk University of Foreign Studies
Abstract-Agricultural industry contributes to the economic backbone of many countries.
Major crops like wheat, cotton, and rice stand out as fulfillment for basic commodities as
well as profitable crops. Naturally, the consumption of major crops is increasing every
year, influencing many countries to import the staple crops to meet the nutritional
requirements of individuals, and thereby, keeping pressure on the economies for the years
ahead. This research work addresses the development of an accurate consumption
forecasting model for time series data. The proposed methodology uses 18 socioeconomic
and environmental factors and evaluates their impact on major crop
consumption in Pakistan. Most influential factors are differentiated by the Linear
Regression Model to forecast next year's upshot. The smart results of the model are
beneficial for the farmers to cope with the decisive question of next pragmatic crop. The
Digital Object Identifier 10.1109/MCE.2021.3063547
Date ofpublication 3 March 2021; date ofcurrent version
6 October 2021.
November/December 2021
Published by the IEEE Consumer Technology Society
2162-2248 ß 2021 IEEE
45

IEEE Consumer Electronics Magazine - November/December 2021

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