Thanks to its very simple recursive computing scheme, exponential smoothing has become a popular technique to forecast time series. In this work, we show the advantages of its multivariate version and ...

Efficient supply chain management relies on accurate demand forecasting. Typically, forecasts are required at frequent intervals for many items. Forecasting methods suitable for this application are ...

Use the Smoothing Model Specification window to specify and fit exponential smoothing and Winters method models. Access it from the Develop Models window using the Fit Model submenu of the Edit ...

Every company that uses sales forecasts possesses its own technique to approach the forecasting process. Some companies have a dedicated team of forecast professionals while others use the sales staff ...

Depending on the smoothing model, the smoothing weights consist of the following: is a level smoothing weight. is a trend smoothing weight. is a seasonal smoothing weight. is a trend damping weight.