Adaptive forecasting techniques

1 January 1974

journal article
research article
Published by Taylor & Francis in International Journal of Production Research

Vol. 12 (6) , 635-645
https://doi.org/10.1080/00207547408919582

Abstract

The class of exponential smoothing models which vary the values of their parameters to adapt to changing conditions in a time series are referred to as adaptive forecasting techniques. In this article criteria for evaluating forecasting models are presented and the features of a simple exponential smoothing model that are exploited by the adaptive techniques are discussed. Several adaptive forecasting schemes are described and classified, and examples of the performance of these techniques are presented.

Keywords

This publication has 9 references indexed in Scilit:

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