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Forecasts demand the next ti. Here we discuss exponential smoothing method. Final development of a trend forecast in excel.
Use to develop demand over several time periods. In this video i explain how to create a forecasting model excel for data set that involves both trend and seasonality. This is the second video on series of forecasting methods made simple.
Naive forecast, moving average, weighted and exponential smoothing with monthly data excel. Simple moving average, weighted exponential smoothing, and double smoothing (holt's method). This excel video tutorial provides a basic introduction into the forecast function which can be used to predict y value given an x value.