Year
Time period
Observed values (per 1000 capita consumption) m
3
Single moving average (per 1000 capita sawnwood consumption, m
3
)
Single exponential smoothing(per 1000 capita sawnwood, m
3
) α = 0.1
2009
1
2.61
2010
2
2.46
2011
3
2.73
2012
4
2.60
2.61
2016
9
2.62
2.66
2021
14
2.62
2.69
2026
19
2.62
2.69
Source: Field Data (2012)
Table 12:
Forecasted consumption of sawnwood using different time series.
