Explain Adaptive Expotential smoothing and its advantages
Solution
Hi,
Adaptive exponential smoothing methods allow a smoothing parameter to change over time.
These designed to improve performance by letting the smoothing parameter vary according to
the most recent forecasting accuracy. Adaptive exponential smoothing tries to understand the
trend from normal fluctuations that occur throughout the year.
It is advatageous in the way that its use enables us to enhance the forecast accuracy of our
indicator