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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
Exponential Smoothing Automate
by La Salle Software Group Inc.
What is it 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.
App Store Description
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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AppAdvice does not own this application and only provides images and links contained in the iTunes Search API, to help our users find the best apps to download. If you are the developer of this app and would like your information removed, please send a request to takedown@appadvice.com and your information will be removed.
