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Anonymous
Not applicable

Calculate Exponential Smoothing Forecast on Query Editor

Hi all, I have been searching high and low for a way to populate a column of forecasted values using DAX. Other than forecasting by moving average, I have not been able to find any methods to perform exponential smoothing forecasting using DAX.

 

I am currently exploring ways to do so on Query Editor. Assume I have the following simple dataset. How do I populate a column containing the forecasted numbers?

 

Here is the PBIX file:

https://www.dropbox.com/s/wc30mt5kron382t/Inventory%20Forecasting.pbix?dl=0

 

Thank you!

5 REPLIES 5
v-jiascu-msft
Employee
Employee

Hi @Anonymous,

 

The Exponential Smoothing is a little complicated. There could be a solution here by R.

# 'dataset' holds the input data for this script
temp <- dataset
temp$Date <- as.Date(temp$Date, '%Y-%m-%d')
es <- c()
minDate <- temp$Date[1]
ds_length <- length(temp$Date)
for (index in c(1:ds_length)) {
    if (temp[index,1] == minDate) {
        st <- temp[index, 3]
    }
    else {
        st <- 0.2 * temp[index, 3] + (1 - 0.2) * es[index - 1]
    }
    es[index] <- st
}
temp$es <- es

Calculate_Exponential_Smoothing_Forecast_on_Query_Editor

 

Best Regards,

Dale

Community Support Team _ Dale
If this post helps, then please consider Accept it as the solution to help the other members find it more quickly.

Could you please clarify how to make this code reusable to just replace parameters (Date, Value)?

when I executed this code I received an error
(Error in if (temp[index, 1] == minDate) { :
  missing value where TRUE/FALSE needed
Execution halted
)

Anonymous
Not applicable

Also, @v-jiascu-msft how do I forecast for the following year? Could you share the code for me (I don't know R language yet)? The calculation you provided only allows for forecasting in the same period.

Anonymous
Not applicable

anyone?

Anonymous
Not applicable

Thank you @v-jiascu-msft! Could you suggest me some resources to learning R on Power BI?

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