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Forecasting of cement price in Sabah: moving average and exponential smoothing model / Adib Johore

The cement industry is one of the important industry since the increasing of population and human activities cause the trade of this industry is profitable and positively increase. There are many type of forecasting techniques that has been a great deal of discussion on applications of perfomance in...

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Main Author: Johore, Adib
Format: Student Project
Language:English
Published: 2012
Subjects:
Price
Construction industry
Online Access:https://ir.uitm.edu.my/id/eprint/95529/1/95529.pdf
https://ir.uitm.edu.my/id/eprint/95529/
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spelling my.uitm.ir.955292024-05-30T15:47:03Z https://ir.uitm.edu.my/id/eprint/95529/ Forecasting of cement price in Sabah: moving average and exponential smoothing model / Adib Johore Johore, Adib Price Construction industry The cement industry is one of the important industry since the increasing of population and human activities cause the trade of this industry is profitable and positively increase. There are many type of forecasting techniques that has been a great deal of discussion on applications of perfomance in business activities. This paper discussed few of univariate time series forecasting models and their application for forecasting cement price in Sabah. Applying annual data from 1980 until 2011 on cement price per metric tonnes, the best forecasting technique is Holt-Winter with multiplicative exponential smoothing based on the lowest Root Mean Square Error (RMSE). 2012 Student Project NonPeerReviewed text en https://ir.uitm.edu.my/id/eprint/95529/1/95529.pdf Forecasting of cement price in Sabah: moving average and exponential smoothing model / Adib Johore. (2012) [Student Project] (Submitted)
institution Universiti Teknologi Mara
building Tun Abdul Razak Library
collection Institutional Repository
continent Asia
country Malaysia
content_provider Universiti Teknologi Mara
content_source UiTM Institutional Repository
url_provider http://ir.uitm.edu.my/
language English
topic Price
Construction industry
spellingShingle Price
Construction industry
Johore, Adib
Forecasting of cement price in Sabah: moving average and exponential smoothing model / Adib Johore
description The cement industry is one of the important industry since the increasing of population and human activities cause the trade of this industry is profitable and positively increase. There are many type of forecasting techniques that has been a great deal of discussion on applications of perfomance in business activities. This paper discussed few of univariate time series forecasting models and their application for forecasting cement price in Sabah. Applying annual data from 1980 until 2011 on cement price per metric tonnes, the best forecasting technique is Holt-Winter with multiplicative exponential smoothing based on the lowest Root Mean Square Error (RMSE).
format Student Project
author Johore, Adib
author_facet Johore, Adib
author_sort Johore, Adib
title Forecasting of cement price in Sabah: moving average and exponential smoothing model / Adib Johore
title_short Forecasting of cement price in Sabah: moving average and exponential smoothing model / Adib Johore
title_full Forecasting of cement price in Sabah: moving average and exponential smoothing model / Adib Johore
title_fullStr Forecasting of cement price in Sabah: moving average and exponential smoothing model / Adib Johore
title_full_unstemmed Forecasting of cement price in Sabah: moving average and exponential smoothing model / Adib Johore
title_sort forecasting of cement price in sabah: moving average and exponential smoothing model / adib johore
publishDate 2012
url https://ir.uitm.edu.my/id/eprint/95529/1/95529.pdf
https://ir.uitm.edu.my/id/eprint/95529/
_version_ 1800726756277092352
score 13.188404

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