Journal of the Korean Society for Railway (한국철도학회논문집)

The Korean Society for Railway (한국철도학회)
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An Empirical Comparison among Initialization Methods of Holt-Winters Model for Railway Passenger Demand Forecast

철도여객수요예측을 위한 Holt-Winters모형의 초기값 설정방법 비교

  • 최태성 (인하대학교 경영대학 경영학부) ;
  • 김성호 (인하대학교 경영대학 경영학부)
  • Published : 2004.03.01
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Abstract

Railway passenger demand forecasts may be used directly, or as inputs to other optimization models use them to produce estimates of other activities. The optimization models require demand forecasts at the most detailed level. In this environment exponential smoothing forecasting methods such as Holt-Winters are appropriate because it is simple and inexpensive in terms of computation. There are several initialization methods for Holt-Winters Model. The purpose of this paper is to compare the initialization methods for Holt-Winters model.

Keywords

References

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