Exponential Smoothing Automate

Exponential Smoothing Automate

by La Salle Software Group

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Details

  • Released
  • Updated
  • November 29, 2019
  • November 29, 2019
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About

This application uses a forecasting methodology known as Exponential smoothing, in which the forecast for a period is based upon combining a percentage of the forecast for the previous period with the actual figures for that period. This percentage, called the smoothing constant, can take any value between 0 and 1, depending upon the weighting you wish to give the two factors. A value of 1 gives full weight to the actual data for the previous period, where as 0 gives full weight to the previous forecast. The constant is specified during the applications initialization phase.
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What's New in Exponential Smoothing Automate

1.0

November 29, 2019

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