INVESTIGATION OF BROWN’S MODEL WITH WADE’S WEIGHTING FACTORS FOR SHORT-TERM TIME SERIES FORECASTING
In the issue results of investigation of prediction accuracy of Brown’s model with Wade’s weighting factors for short-term time series forecasting are presented. Performance indicators of manufacturing of key products in Tver region were used as such series. Results of investigation demonstrated that usage of Wade’s weighting factors for small values of smoothing constant leads to increase of prediction accuracy in most of cases.