Green production management and supply chain management: demand forecasting with exponentially weighted moving averages adjusted for trend and seasonality

An accurate forecast of future demand is an absolute requirement for planning production without creating wasteful overages or shortages and hence constitutes a cornerstone of successful green engineering. This module provides a hands on introduction to Winter's model for time series forecastin...

Ausführliche Beschreibung

Gespeichert in:
Bibliographische Detailangaben
1. Verfasser: Swart, William (VerfasserIn)
Format: Elektronisch Video
Sprache:English
Veröffentlicht: United States IEEE 2011
Schlagworte:
Online-Zugang:FHN01
TUM01
Zusammenfassung:An accurate forecast of future demand is an absolute requirement for planning production without creating wasteful overages or shortages and hence constitutes a cornerstone of successful green engineering. This module provides a hands on introduction to Winter's model for time series forecasting from a user's perspective. It shows you step by step how to create a forecast based only on historical demand data. Winter's model involves quantifying and separating the trend and seasonality effects from historical data and projecting them into the future in order to make a forecast. One of the greatest issues with using Winter's model is the selection of values for the three smoothing constants. This module shows in a straight forward fashion how the selection values for the smoothing constants is the solution to an optimization problem. The appendix of the module shows step by step how someone with limited statistical and computer spreadsheet knowledge can obtain the optimal values of the smoothing constants using Excel's Solver add-in, and using Microsoft Excel, develop a working forecasting system
Beschreibung:Description based on online resource; title from title screen (IEEE Xplore Digital Library, viewed November 17, 2020)
Beschreibung:1 Online-Resource (1 Videodatei, 60 Minuten) color illustrations
ISBN:9781467306133

Es ist kein Print-Exemplar vorhanden.

Fernleihe Bestellen Achtung: Nicht im THWS-Bestand!