A Quantum Perceptron: A New Approach for Predicting Rice Prices at the Indonesian Wholesale Trade Level

Abstract

The wholesale rice trade in Indonesia encounters various challenges in forecasting prices. These challenges are influenced by factors such as weather, government policies, global market conditions, and other economic variables. Accurate price predictions are crucial for informing government policy in a timely manner. This research introduces a new approach that utilizes the Quantum Perceptron algorithm to forecast rice prices. The algorithm, an innovative method in quantum computing, is expected to enhance the efficiency and effectiveness of price predictions. Although the research is still in the analytical stage, the use of Quantum Perceptron shows promise in dynamically addressing the complexity of market data and the variability of factors affecting rice prices. The method focuses on developing models that can leverage quantum computing to process information more effectively than classical methods. By harnessing the unique properties of quantum mechanics, such as superposition and entanglement, Quantum Perceptron can identify complex patterns and optimize predictions of future rice prices. The research describes the implementation of quantum algorithms in the context of the Indonesian rice wholesale market, including the technical challenges encountered and future development prospects. The research utilizes quantum computing along with the perceptron algorithm. The researchers focused on analyzing the quantum perceptron algorithm because of the limited availability of quantum computing devices. The findings of this research are confined to analysis. In order to advance this research, the author recommends that future studies employ quantum devices to achieve more accurate predictions

Keywords

• prediction
• rice price
• indonesia
• perceptron
• quantum computing