A collaborative multiplicative Holt-Winters forecasting approach with dynamic fuzzy-level component

• Main Authors: Kays, H. M.Emrul, Karim, A.N. Mustafizul, Che Daud, Mohd Radzi, Varela, Leonilde, Putnik, Göran, Machado, Jose
• Format: Article
• Language: English; English; English
• Published: Multidisciplinary Digital Publishing Institute (MDPI) 2018
• Subjects: TE Highway engineering. Roads and pavements; TS Manufactures
• Online Access: http://irep.iium.edu.my/63927/1/63927_A%20Collaborative%20Multiplicative%20Holt-Winters_article.pdf; http://irep.iium.edu.my/63927/2/63927_A%20Collaborative%20Multiplicative%20Holt-Winters_scopus.pdf; http://irep.iium.edu.my/63927/13/63927_A%20collaborative%20multiplicative%20Holt-Winters%20forecasting%20approach%20with%20dynamic%20fuzzy-level%20component_WOS.pdf; http://irep.iium.edu.my/63927/; http://www.mdpi.com/2076-3417/8/4/530

The adoption of forecasting approaches such as the multiplicative Holt-Winters (MHW) model is preferred in business, especially for the prediction of future events having seasonal and other causal variations. However, in the MHW model the initial values of the time-series parameters and smoothing...