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exponential smoothing
(redirected from Expenential Smoothing)

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exponential smoothing

A widely used technique in forecasting trends, seasonality and level change. Works well with data that has a lot of randomness.

exponential smoothing [‚ek·spə′nen·chəl ′smüth·iŋ]

(industrial engineering)

A mathematical-statistical method of forecasting used in industrial engineering which assumes that demand for the following period is some weighted average of the demands for the past periods.

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