期刊名称:International Journal of Business Administration
印刷版ISSN:1923-4007
电子版ISSN:1923-4015
出版年度:2018
卷号:9
期号:5
页码:11
DOI:10.5430/ijba.v9n5p11
出版社:Sciedu Press
摘要:The daily web site access data’s forecasting is an important factor for the web master in order to improve the quality of the site, and to increase the sales from the site. In this paper, the authors propose a new method to improve forecasting accuracy and confirm them by the Web transaction data (Nail consulting site). Focusing that the equation of exponential smoothing method (ESM) is equivalent to (1,1) order ARMA model equation, a new method of estimation of smoothing constant in exponential smoothing method is proposed before by us which satisfies minimum variance of forecasting error. Generally, smoothing constant is selected arbitrarily. But in this paper, we utilize above stated theoretical solution. Firstly, the authors make estimation of ARMA model parameter and then estimate smoothing constants. Thus theoretical solution is derived in a simple way and it may be utilized in various fields. Combining the trend removing method with this method, we aim to improve forecasting accuracy. Furthermore, “a day of the week index” is newly introduced for the daily data and we have obtained good result. The effectiveness of this method should be examined in various cases.