Forecasting: Production Pattern of Indian Refractory Raw Materials in 2000 A.D.

Abstract

Brown's single parameter linear double exponential smoothing and quadratic triple exponential smoothing methods have been applied to the production data (1967–1986) of 11 Indian major refractory raw materials to forecast their production pattern by the turn of this century. An empirical equation previously proposed for this purpose was found to be inadequate for interpreting the production trends.