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Setting the Initial Value for Single Exponential Smoothing and the Value of the Smoothing Constant for Forecasting Using Solver in Microsoft Excel

Although single exponential smoothing is a popular forecasting method for a wide range of applications involving stationary time series data, consistent rules about choosing the initial value and determining the value for the smoothing constant (α) are still required, because they directly impact th...

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Principais autores: Wannaporn Junthopas, Chantha Wongoutong
Format: Artigo
Sprog:Inglês
Udgivet: MDPI AG 2023-03-01
Serier:Applied Sciences
Fag:
smoothing constant
initial value
single exponential smoothing
Solver in Microsoft Excel
Online adgang:https://www.mdpi.com/2076-3417/13/7/4328
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