Engineering Optimization
Determination of Optimum Smoothing Constant of Single Exponential Smoothing Method: A Case Study

C. L. Karmaker

Volume 6, Issue 3 , November 2017, , Pages 184-192

  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 smoothing ...  Read More