Showing 1 - 3 of 3
assumed to be Gaussian, the resulting prediction distribution may have an infinite variance beyond a certain forecasting … approximation causes no serious problems for parameter estimation or for forecasting one or two steps ahead. However, for longer …. The performance of the Gaussian approximation is compared with those of two lognormal models for short-term forecasting …
Persistent link: https://www.econbiz.de/10005125278
Exponential smoothing is often used to forecast lead-time demand for inventory control. In this paper, formulae are provided for calculating means and variances of lead-time demand for a wide variety of exponential smoothing methods. A feature of many of the formulae is that variances, as well...
Persistent link: https://www.econbiz.de/10005581115
exponential smoothing for forecasting. There is, however, a puzzle. Should the count of the seed states be incorporated into the …
Persistent link: https://www.econbiz.de/10004995367