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Academic Journal of Engineering and Technology Science, 2019, 2(1); doi: 10.25236/AJETS.020010.

Predicting Sales Data with Holt-Winters Method

Author(s)

Junning Li

Corresponding Author:
Junning Li
Affiliation(s)

School of Management, Shanghai University, Shanghai 200444, China
18621661843@163.com

Abstract

This article selects the sales data of a store that somewhere a down jacket from January 2001 to December 2007, through the R language for data processing and analysis, using the Holt - Winters exponential smoothing method to fitting and forecasting of time series, through the prediction error of time curve and histogram, Holt - Winters exponential smoothing method for the sales data of down jacket store provides a suitable prediction model. It provides decision-making information for the later operation and sales of the store.

Keywords

time series analysis, Holt - winters prediction, auto correlation

Cite This Paper

Junning Li, Predicting Sales Data with Holt-Winters Method. Academic Journal of Engineering and Technology Science (2019) Vol. 2: 13-20. https://doi.org/10.25236/AJETS.020010.

References

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