A responsive multiplicative Holt-Winters approach for enhanced forecasting accuracy

• Main Authors: Kays, H. M.Emrul, Karim, A. N.Mustafizul, Che Daud, Mohd Radzi
• Format: Article
• Language: English; English
• Published: Inderscience 2020
• Subjects: T Technology (General); TJ Mechanical engineering and machinery
• Online Access: http://irep.iium.edu.my/87965/1/87965_A%20responsive%20multiplicative%20Holt-Winters%20approach_article.pdf; http://irep.iium.edu.my/87965/2/87965_A%20responsive%20multiplicative%20Holt-Winters%20approach_Scopus.pdf; http://irep.iium.edu.my/87965/; https://www.inderscienceonline.com/doi/pdf/10.1504/IJISE.2020.106850

In today's competitive business world, the quest for a more reliable forecasting method is an ongoing process. As a classical and reliable technique the Conventional Multiplicative Holt-Winters (CMHW) approach has been widely used in which three different recursion processes are incorporated to...