Improved Holt-Winters Method: A Case of Overnight Stays of Tourists in Republic Of Slovenia
Exponential smoothing methods are very commonly used for forecasting demand because they are simple, fast and inexpensive. The Holt-Winters (HW) methods estimate three smoothing parameters, associated with level, trend and seasonal factors. The seasonal variation can be of either an additive or mult...
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| Format: | Article |
| Language: | English |
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University of Ljubljana
2014-03-01
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| Series: | Economic and Business Review |
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| Online Access: | http://www.ebrjournal.net/ojs/index.php/ebr/article/view/266/pdf_3 |