INFOKUM
Vol. 7 No. 2, Juni (2019): Data Mining And Image Processing

FORECASTING OF SALES OF COMPUTER EQUIPMENT USING EXPONENTIAL SMOOTHING METHOD

Muhammad Iqbal Panjaitan (STMIK Budidarma, Jl SM Raja Medan, Sumatera Utara, Indonesia.)



Article Info

Publish Date
11 Dec 2019

Abstract

In the business world, it takes a prediction or estimate of an action that will be processed to follow up on the results that will be expected in the next few periods. Therefore, we need a forecasting process that is used to support the decisions of a company to get the maximum profit. Exponential Smoothing method is a method that has been widely used for forecasting because it has a pretty good performance. Exponential smoothing method is a procedure that continuously improves forecasting by averaging the past value of a time series data by decreasing (exponential). Exponential Smoothing method has several alpha parameters used, namely 0.1; 0.5; 0.9 to support the calculation that will be used in forecasting. With these methods, calculations can be done to find the best optimal value with the smallest error rate. The selected forecasting method is used to forecast computer sales.

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Journal Info

Abbrev

infokum

Publisher

Subject

Computer Science & IT

Description

The INFOKUM a scientific journal of Decision support sistem , expert system and artificial inteligens which includes scholarly writings on pure research and applied research in the field of information systems and information technology as well as a review-general review of the development of the ...