Time Series Moving Average, Smoothing Analysis, Forecasting Analysis and Evaluation for Natural Gas Consumption
Natural Resources is a limited resource and its optimal usage is at most priority now a day as we are approaching towards the run-out situation for these natural resources. As we aware the forecasting is a major factor for the natural resource usage optimization and the oversupply or over usage is a...
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Format: | Article |
Language: | English |
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Srusti Academy of Management
2017-12-01
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Series: | Srusti Management Review |
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Online Access: | http://www.srustimanagementreview.ac.in/paperfile/1321920525_Time%20Series%20Moving%20Average,%20Smoothing%20Analysis,%20Forecasting.pdf |
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author | Prabodh Kumar Pradhan Sunil Kumar Dhal Nilayam Kumar Kamila |
author_facet | Prabodh Kumar Pradhan Sunil Kumar Dhal Nilayam Kumar Kamila |
author_sort | Prabodh Kumar Pradhan |
collection | DOAJ |
description | Natural Resources is a limited resource and its optimal usage is at most priority now a day as we are approaching towards the run-out situation for these natural resources. As we aware the forecasting is a major factor for the natural resource usage optimization and the oversupply or over usage is a major concern for its optimized usage. We analyses the forecasting models based on time series and compare the results with actual demand to trace the result difference between the actual and forecasted results. The evaluation method and the graphical interpretation shows a clear impression about the natural gas forecasting and would be considered as a true awareness of the existing forecasting models |
first_indexed | 2024-12-14T00:19:29Z |
format | Article |
id | doaj.art-dd5aab06c34e48bbab4772172c479472 |
institution | Directory Open Access Journal |
issn | 0974-4274 2582-1148 |
language | English |
last_indexed | 2024-12-14T00:19:29Z |
publishDate | 2017-12-01 |
publisher | Srusti Academy of Management |
record_format | Article |
series | Srusti Management Review |
spelling | doaj.art-dd5aab06c34e48bbab4772172c4794722022-12-21T23:25:18ZengSrusti Academy of ManagementSrusti Management Review0974-42742582-11482017-12-01XII4856Time Series Moving Average, Smoothing Analysis, Forecasting Analysis and Evaluation for Natural Gas ConsumptionPrabodh Kumar Pradhan0Sunil Kumar Dhal1Nilayam Kumar Kamila2Assistant Professor, Regional College of Management, BhubaneswarAssociate Professor, Sri Sri University, CuttackPrincipal Associate, Capital One, Wilmington, USANatural Resources is a limited resource and its optimal usage is at most priority now a day as we are approaching towards the run-out situation for these natural resources. As we aware the forecasting is a major factor for the natural resource usage optimization and the oversupply or over usage is a major concern for its optimized usage. We analyses the forecasting models based on time series and compare the results with actual demand to trace the result difference between the actual and forecasted results. The evaluation method and the graphical interpretation shows a clear impression about the natural gas forecasting and would be considered as a true awareness of the existing forecasting modelshttp://www.srustimanagementreview.ac.in/paperfile/1321920525_Time%20Series%20Moving%20Average,%20Smoothing%20Analysis,%20Forecasting.pdfnatural gaslpg consumptiontime seriesnatural gas forecasting |
spellingShingle | Prabodh Kumar Pradhan Sunil Kumar Dhal Nilayam Kumar Kamila Time Series Moving Average, Smoothing Analysis, Forecasting Analysis and Evaluation for Natural Gas Consumption Srusti Management Review natural gas lpg consumption time series natural gas forecasting |
title | Time Series Moving Average, Smoothing Analysis, Forecasting Analysis and Evaluation for Natural Gas Consumption |
title_full | Time Series Moving Average, Smoothing Analysis, Forecasting Analysis and Evaluation for Natural Gas Consumption |
title_fullStr | Time Series Moving Average, Smoothing Analysis, Forecasting Analysis and Evaluation for Natural Gas Consumption |
title_full_unstemmed | Time Series Moving Average, Smoothing Analysis, Forecasting Analysis and Evaluation for Natural Gas Consumption |
title_short | Time Series Moving Average, Smoothing Analysis, Forecasting Analysis and Evaluation for Natural Gas Consumption |
title_sort | time series moving average smoothing analysis forecasting analysis and evaluation for natural gas consumption |
topic | natural gas lpg consumption time series natural gas forecasting |
url | http://www.srustimanagementreview.ac.in/paperfile/1321920525_Time%20Series%20Moving%20Average,%20Smoothing%20Analysis,%20Forecasting.pdf |
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