When a trend exists, the forecasting technique must consider the trend as well as the series average ignoring the trend will cause the forecast to always be below (with an increasing trend) or above (with a decreasing trend) actual demand. Double exponential smoothing smooths (averages) both the series average and the trend. This template is prepared for carrying out DES forecast depending on up to 60 data points. SpreadsheetWEB version of the template provides all features online.
When a trend exists, the forecasting technique must consider the trend as well as the series average ignoring the trend will cause the forecast to always be below (with an increasing trend) or above (with a decreasing trend) actual demand. Double exponential smoothing smooths (averages) both the series average and the trend. This template is prepared for carrying out DES forecast depending on up to 60 data points. SpreadsheetWEB version of the template provides all features online.
When a trend exists, the forecasting technique must consider the trend as well as the series average ignoring the trend will cause the forecast to always be below (with an increasing trend) or above (with a decreasing trend) actual demand. Double exponential smoothing smooths (averages) both the series average and the trend. This template is prepared for carrying out DES forecast depending on up to 60 data points. SpreadsheetWEB version of the template provides all features online.