Simple Methods and Procedures Used in Forecasting
Simple Methods and Procedures Used in Forecasting
Simple Methods and Procedures Used in Forecasting
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Forecast<strong>in</strong>g <strong>Methods</strong> <strong>Used</strong> <strong>in</strong><br />
the Project :<br />
L<strong>in</strong>ear trend model<br />
Exponential smooth<strong>in</strong>g models :<br />
- Brown´s l<strong>in</strong>ear exponential smooth<strong>in</strong>g<br />
- Browns quadratic smooth<strong>in</strong>g model<br />
- Holt´s method double exponential smooth<strong>in</strong>g<br />
- Nonl<strong>in</strong>ear smooth<strong>in</strong>g model