Comparison of Eight Demand Forecasting Models.

Abstract

This thesis studied eight forecasting models as a possible replacement for the model currently used at the Defense Electronics Supply Center (DESC). This model is a double exponential smoothing model with trend corrector and an alpha of 0.5. The models included in this study were: Naive, Maximum Likelihood, Polynomial Fitting, Moving Averages, and Exponential Smoothing. The results indicated that a single exponential smoothing model with an alpha of 0.3 may be the best model of those studied. (Author)

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Document Details

Document Type
Technical Report
Publication Date
Sep 01, 1981
Accession Number
ADA110974

Entities

People

  • Robert J. Praggy Jr

Organizations

  • Air Force Institute of Technology

Tags

Communities of Interest

  • Ground and Sea Platforms

DTIC Thesaurus Topics

  • Air Force
  • Analysis Of Variance
  • Computer Programs
  • Databases
  • Delphi Method
  • Literature Surveys
  • Logistics
  • Operations Research
  • Polynomials
  • Replenishment
  • Sampling
  • Schools
  • Statistics
  • Supply Chain Management
  • Systems Management
  • United States
  • War Colleges

Readers

  • Approximation Theory.
  • Computational Modeling and Simulation
  • Logistics and Supply Chain Management.

Technology Areas

  • Microelectronics