Md. Biddut Rana

Work place: Jashore University of Science and Technology, Jashore-7408, Bangladesh



Research Interests: Mathematics, Mathematics of Computing, Computational Mathematics


Md. Biddut Rana was born in Bangladesh. He has completed BSc (Honor’s) and MSc in Mathematics from Jashore University of Science and Technology, Bangladesh. Now he is doing research on optimization problems.

Author Articles
Determination of Optimal Smoothing Constants for Foreign Remittances in Bangladesh

By Md. Nayan Dhali Md. Biddut Rana Nazrul Islam Deepa Roy Mst. Sharmin Banu

DOI:, Pub. Date: 8 Dec. 2021

Remittance is the tie that is sent to the country by earning money from abroad. In present Bangladesh, remittance is playing an important role in increasing reserves and revenue. For about two decades remittance has been contributing a huge portion of export earnings. Remittances have a significant impact on the budget of Bangladesh and also the budget depends a lot on remittances. So it is very crucial to know the future remittance to make an annual budget for upcoming year. This paper concentrates on choosing the appropriate smoothing constants for foreign remittances forecasting by Holt’s method. This method is very popular quantitative skilled in forecasting. The forecasting of this deftness depends on optimal smoothing constants. So, choosing an optimal smoothing constant is very important to minimize the error of forecasting. We have demonstrated the techniques by presenting actual remittances and also presented graphical comparisons between actual and forecasting remittances for the optimal smoothing constants.

[...] Read more.
Other Articles