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
|