Budapest International Research and Critics Institute-Journal (BIRCI-Journal): Humanities and Social Sciences
Vol 5, No 3 (2022): Budapest International Research and Critics Institute August

Comparison of Single Moving Average and Single Exponential Smoothing Methods in Estimating Jotun Brand Paint Inventory at Toko Cat Warna Baru

Hanim Setya Ningrum (Unknown)
Neni Mulyani (Unknown)
Hommy Dorothy Ellyany Sinaga (Unknown)



Article Info

Publish Date
13 Sep 2022

Abstract

The research objective is to analyze comparison of single moving average and single exponential smoothing methods in estimating Jotun brand paint inventory at Toko Cat Warna Baru. This research uses qualitative research. This research is conducted at Toko Cat Warna Baru which is located at Jalan Sisingamangaraja Number 241, East Kisaran District, Asahan Regency. The data collection techniques used in this study used field research and library research. The framework in this research is problem identification, data collection, system analysis, system design, system implementation, and system testing. The results show that the lowest mean absolute percentage error error value in the single moving average method is 15.27% while the lowest mean absolute percentage error error value in the single exponential smoothing method is 12.11%. So, it can be concluded that the single exponential smoothing method is better than the single moving average method because it has a very small error value.

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Journal Info

Abbrev

birci

Publisher

Subject

Religion Arts Humanities Economics, Econometrics & Finance Social Sciences

Description

Budapest International Research and Critics Institute (BIRCI-Journal) : Humanities and Social Sciences is a peer-reviewed journal published in February, May, August and November by Budapest International Research and Critics University Journal (BIRCU-Journal). BIRCI welcomes research papers in ...