Smoothing Constant in Industrial Engineering Formulas

A smoothing constant is a variable used in time series analysis based on exponential smoothing. The higher the smoothing constant, the greater weight assigned to the values from the latest period. And is denoted by α.

Industrial Engineering formulas that make use of Smoothing Constant

fxSingle Exponential SmoothingGo

FAQ

What is the Smoothing Constant?

A smoothing constant is a variable used in time series analysis based on exponential smoothing. The higher the smoothing constant, the greater weight assigned to the values from the latest period.

Can the Smoothing Constant be negative?

{YesorNo}, the Smoothing Constant, measured in {OutputVariableMeasurementName} {CanorCannot} be negative.

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