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Learn how to use exponential smoothing forecast future needs in excel 2013 for time series analysis. This comes from an introduction to operations manag. It is based in excel 2003/2000.
Forecasts demand the next ti. This video shows how to calculate exponential smoothing and the mean squared error.
We enter the formulas for exponential smoothing forecasting approach. Here we discuss exponential smoothing method. Using excel for exponential smoothing forecasting in moving averages.