Time-series forecasting: a testing of applications to the food-service industry |
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| Authors: | Michael D Olsen Manuel L Jose |
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| Institution: | 2. Department of Finance, Virginia Polytechnic Institute and State University, Blacksburg, VA 24061, U.S.A. |
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| Abstract: | This paper examines the use of an intuitively appealing forecasting model for the food-service industry. After examining the current state of forecasting a brief introduction to the time-series method is undertaken. Finally, the simplest form of the model is applied in a case study. |
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| Keywords: | Forecasting time-series forecasting exponential smoothing alpha value pattern random(ness) |
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