Comparison of Single Exponential Smoothing and Double Moving Average Algorithms to Forecast Beef Production

Beef is considered a high-value commodity as it is an important source of protein. Interest in beef continues to rise. Beef production has risen sharply in the past decade, but declined by 7,240.68 tons in 2020 amid coronavirus lockdowns. After that, in 2021, production reached 16,381.81 tons and continued to increase in 2022 and 2023. A precise method is required to forecast beef production. One way to predict beef production in Jakarta is using the Single Exponential Smoothing and Double Moving Average methods. The two algorithms are compared to get the lowest error rate. The methodology used in this research is the SEMMA (Sample, Explore, Modify, Model, and Assess) methodology. According to SAS Institute Inc., there are five stages in developing a system using the SEMMA methodology. After analyzing using MAPE, it is found that the algorithm with the smallest error value is the Single Exponential Smoothing algorithm with a percentage in the monthly period of 16% while for the annual period, it is 27% compared to other algorithms. The forecasting is quite accurate because the MAPE value for each algorithm used has an error of less than 31%.

Authors

Publication Details

Journal
IJID (International Journal on Informatics for Development)
Published
2024-10-17
DOI
https://doi.org/10.14421/ijid.2024.4663
Primary Topic
Livestock Farming and Management
Type
article
Field-Weighted Citation Impact
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article

Comparison of Single Exponential Smoothing and Double Moving Average Algorithms to Forecast Beef Production

Tundo Tundo, Rachmat Hidayat Insani, Rasiban Rasiban, Untung Suropati
IJID (International Journal on Informatics for Development)
Livestock Farming and Management
article

Comparison of Single Exponential Smoothing and Double Moving Average Algorithms to Forecast Beef Production

Tundo Tundo, Rachmat Hidayat Insani, Rasiban Rasiban, Untung Suropati
article en

Abstract

Beef is considered a high-value commodity as it is an important source of protein. Interest in beef continues to rise. Beef production has risen sharply in the past decade, but declined by 7,240.68 tons in 2020 amid coronavirus lockdowns. After that, in 2021, production reached 16,381.81 tons and continued to increase in 2022 and 2023. A precise method is required to forecast beef production. One way to predict beef production in Jakarta is using the Single Exponential Smoothing and Double Moving Average methods. The two algorithms are compared to get the lowest error rate. The methodology used in this research is the SEMMA (Sample, Explore, Modify, Model, and Assess) methodology. According to SAS Institute Inc., there are five stages in developing a system using the SEMMA methodology. After analyzing using MAPE, it is found that the algorithm with the smallest error value is the Single Exponential Smoothing algorithm with a percentage in the monthly period of 16% while for the annual period, it is 27% compared to other algorithms. The forecasting is quite accurate because the MAPE value for each algorithm used has an error of less than 31%.

IJID (International Journal on Informatics for Development)Vol. 13(1)
Openalex Percentile: Top 65%
Livestock Farming and Management
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