exponential smoothing

GPTKB entity

Statements (26)
Predicate Object
gptkbp:instanceOf statistical technique
gptkbp:alsoKnownAs gptkb:ETS
gptkbp:appliesTo inventory management
demand forecasting
forecasting sales
gptkbp:handles seasonality
trend
https://www.w3.org/2000/01/rdf-schema#label exponential smoothing
gptkbp:introduced gptkb:Robert_G._Brown
1950s
gptkbp:limitation lags behind trend changes
not suitable for all data types
gptkbp:parameter smoothing factor
gptkbp:relatedTo gptkb:ARIMA_model
moving average
gptkbp:smoothing_factor_symbol alpha
gptkbp:type smoothing method
gptkbp:usedFor time series forecasting
gptkbp:uses weighted averages
gptkbp:variant double exponential smoothing
simple exponential smoothing
triple exponential smoothing
gptkbp:weights decrease exponentially for older observations
gptkbp:bfsParent gptkb:Forecasting_in_Business_and_Economics
gptkb:SPSS_Forecasting
gptkbp:bfsLayer 6