Determination of Optimum Smoothing Constant of Single Exponential Smoothing Method: A Case Study
Exponential smoothing is a sophisticated forecasting method that works based on previous forecast plus a percentage of the forecast error. A key issue of this technique is the proper choice of exponential smoothing constant. In order to minimize forecasting errors, choosing an appropriate value of s...
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| Format: | Article |
| Language: | English |
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Ayandegan Institute of Higher Education,
2017-11-01
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| Series: | International Journal of Research in Industrial Engineering |
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| Online Access: | http://www.riejournal.com/article_49603_96beb30053a5c0ba94d123da95fe3d35.pdf |