Scribd Logo
Upload

Welcome to Scribd!

  • 20 views

    1 - Forecasting

    Uploaded by

    Modather Salah
    This document discusses various forecasting methods including moving average, exponential smoothing, regression analysis, and double exponential smoothing. It defines accuracy measures like mean average deviation, mean square error, and mean absolute percentage error. It also provides the equations for a moving average method, exponential smoothing, regression analysis slope and intercept calculations, and the initial assumptions for double exponential smoothing.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd

    1 - Forecasting

    Uploaded by

    Modather Salah
    20 views2 pages
    This document discusses various forecasting methods including moving average, exponential smoothing, regression analysis, and double exponential smoothing. It defines accuracy measures like mean average deviation, mean square error, and mean absolute percentage error. It also provides the equations for a moving average method, exponential smoothing, regression analysis slope and intercept calculations, and the initial assumptions for double exponential smoothing.

    Original Description:

    OPERATIONS MANAGEMENT

    Copyright

    © Attribution Non-Commercial (BY-NC)

    Available Formats

    PDF, TXT or read online from Scribd

    Did you find this document useful?

    Is this content inappropriate?

    This document discusses various forecasting methods including moving average, exponential smoothing, regression analysis, and double exponential smoothing. It defines accuracy measures like mean average deviation, mean square error, and mean absolute percentage error. It also provides the equations for a moving average method, exponential smoothing, regression analysis slope and intercept calculations, and the initial assumptions for double exponential smoothing.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    20 views2 pages

    1 - Forecasting

    Uploaded by

    Modather Salah
    This document discusses various forecasting methods including moving average, exponential smoothing, regression analysis, and double exponential smoothing. It defines accuracy measures like mean average deviation, mean square error, and mean absolute percentage error. It also provides the equations for a moving average method, exponential smoothing, regression analysis slope and intercept calculations, and the initial assumptions for double exponential smoothing.

    Copyright:

    Attribution Non-Commercial (BY-NC)
    Download as PDF, TXT or read online from Scribd
    Download as pdf or txt
    You are on page 1of 2

    Forecasting

    Evaluation of forecasting

    One step ahead forecast

    Accuracy measures
    Mean average Deviation: Mean square error: Mean absolute percentage error: [
    | |

    | |]

    Moving Average Method (MA)


    MA(N): N-Period moving average

    Exponential Smoothing
    Or ( )

    To obtain the same error distribution as in MA(N):

    Regression analysis
    Fig(1)

    Slope: Intercept:

    Double Exponential Smoothing

    Initially assume

    Or, use regression method to construct a straight line from a set of data so that Sheet 1 Problem 2 The weekly number of incidents in which cars beak the red light signal in Remaya square in the last six weeks has been:

    You might also like

    pFad - Phonifier reborn

    Pfad - The Proxy pFad of © 2024 Garber Painting. All rights reserved.

    Note: This service is not intended for secure transactions such as banking, social media, email, or purchasing. Use at your own risk. We assume no liability whatsoever for broken pages.


    Alternative Proxies:

    Alternative Proxy

    pFad Proxy

    pFad v3 Proxy

    pFad v4 Proxy