The well-established forecasting methods of exponential smoothing rely on the “optimal” estimation of parameters if they are to perform well. A grid search procedure to minimise the MSE is often used ...

In the STEPAR method, PROC FORECAST first fits a time trend model to the series and takes the difference between each value and the estimated trend. (This process is called detrending.) Then, the ...

The ARIMA model equivalency to the additive version of Winters method is the ARIMA(0,1,p+1)(0,1,0) p model The moving-average form of the equation is For the additive version of Winters method (see ...

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 ...

COEUR D ALENE, ID, UNITED STATES, July 18, 2023/EINPresswire.com/ -- Epilon, LLC, the publisher of The Inventory Boss, is pleased to announce the release of their ...