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Forecasting Techniques: Trend-Corrected Exponential Smoothing Method (Holt's Method)

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Supply Chain Tutorials

Supply Chain Tutorials

Күн бұрын

This video illustrates an application of Trend-corrected exponential smoothing technique. The goal in this video is to walk through the steps in this forecasting technique, compute the error measurements, and how to find the best parameter values to obtain the minimum error.
It is recommended you to read the problem description at sites.google.c... before you start watching the video.

Пікірлер: 27
@katerynashvadchyna1270
@katerynashvadchyna1270 2 жыл бұрын
Thanks, I really need the modification of Holt-Winters without seasonality but with trend.
@ZafarIqbalKhan
@ZafarIqbalKhan 6 жыл бұрын
Thanks a lot for elaborations... it was extremely helpful
@meagain919
@meagain919 8 жыл бұрын
Thnx dude needed some refreashness on this topic
@syednazirhussain158
@syednazirhussain158 4 жыл бұрын
Highly appreciated...
@thagoonlprusiriyodlpru4174
@thagoonlprusiriyodlpru4174 2 жыл бұрын
Thank you so much
@lachezardinchev2217
@lachezardinchev2217 4 жыл бұрын
Thank you sooo much for your explanation!
@lushG678
@lushG678 3 жыл бұрын
You're a God, thank you
@louiefrancisco501
@louiefrancisco501 4 жыл бұрын
Thank you for sharing ideas
@doubleDj20
@doubleDj20 5 жыл бұрын
that was a sick video
@ardanyaman
@ardanyaman 7 жыл бұрын
hocam çok açıklayıcı olmuş. teşekkürler
@kikznap
@kikznap 7 жыл бұрын
Thanks for the video. Very helpful for me
@josueclimaco495
@josueclimaco495 6 жыл бұрын
Great Explanation, thank you.
@corndogs68
@corndogs68 5 жыл бұрын
Fantastic video. Are you at all concerned that solver may overfit your model?
@mounisaisiddarthamiddela2199
@mounisaisiddarthamiddela2199 8 жыл бұрын
That was very helpful.. but I guess you need to input MAPE for better Alpha and Beta values ... Thank you
@Guilopes99
@Guilopes99 4 жыл бұрын
Thank you very much! Would this give me equal results as with the forecats tool in excel? Or that one is not trend corrected?
@user-fn1hu3kt6p
@user-fn1hu3kt6p 6 жыл бұрын
Thank you very much for your great video! A little question though: by MAD, do you mean MAE? cz I think MAD is short for Median absolute deviation, which is calculated as median(|Xi-median(X)|).
@girishvishnubhotla6478
@girishvishnubhotla6478 7 жыл бұрын
Good tutorial ... thank you
@mata300147
@mata300147 4 жыл бұрын
thanks you
@harishtaletia5020
@harishtaletia5020 8 жыл бұрын
is double expo or holt winter is same method ?
@shifalisachdeva6125
@shifalisachdeva6125 8 жыл бұрын
which excel software is this? I cant find solve parameter in my excel
@epiNoesis
@epiNoesis 8 жыл бұрын
Google search: "how to enable excel solver"
@sandisiwenotununu2837
@sandisiwenotununu2837 5 жыл бұрын
is it possible for the value of the trend to be negative?
@doubleDj20
@doubleDj20 5 жыл бұрын
i'm not entirely sure but i feel like it probably would be possible because sales could technically be going down if that's what the data said.
@giangdinh4698
@giangdinh4698 8 жыл бұрын
to measure error, I thought I should be: error= actual demand - forecast?
@meagain919
@meagain919 8 жыл бұрын
+giang dinh yes, but once u square or take the abs it dont matter
@amicableanurag
@amicableanurag 7 жыл бұрын
very bad video quality, not even able to complete the video :(
@mikotomione
@mikotomione 5 жыл бұрын
Alpha must be higher, than Beta...
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