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4. Single Exponential Smoothing example ( Enter your problem )
  1. Formula & Example-1
  2. Example-2
  3. Example-3
Other related methods
  1. Simple Moving Average
  2. Weighted Moving Average
  3. Exponential Moving Average
  4. Single Exponential Smoothing
  5. Simple Moving Average forecast
  6. Weighted Moving Average forecast
  7. Exponential Moving Average forecast
  8. Single Exponential Smoothing forecast

1. Formula & Example-1
(Previous example)
3. Example-3
(Next example)

2. Example-2





1) Single Exponential Smoothing
year12345678910
Sales20212322252427262830
Calculate Single Exponential Smoothing


Solution:
(1)
year
(2)
Sales
(3)
Exponential Smoothing
`(alpha=0.1)`
12020
221`0.1*20+0.9*20=20`
323`0.1*21+0.9*20=20.1`
422`0.1*23+0.9*20.1=20.39`
525`0.1*22+0.9*20.39=20.551`
624`0.1*25+0.9*20.551=20.9959`
727`0.1*24+0.9*20.9959=21.2963`
826`0.1*27+0.9*21.2963=21.8667`
928`0.1*26+0.9*21.8667=22.28`
1030`0.1*28+0.9*22.28=22.852`
11`0.1*30+0.9*22.852=23.5668`



This material is intended as a summary. Use your textbook for detail explanation.
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