moving average model, Electrical Engineering

Assignment Help:

Altavox is a manufacturer and distributor of a lot of electronic instruments and devices, including digital/analog multimeters, function generators, oscilloscopes, frequency counters and other test equipment and calculating equipment.  Altavox sells a line of test meters that are popular with professional electricians.  The model VC202 is sold by six distributors to retail stores in the United States.  These distributors are located in Atlanta, Boston, Dallas and Los angles and have been selected to serve dissimilar region in the country.

The Model VC202 has been a steady seller over the years because of its reliability and rugged construction.  Altavox does not consider this a seasonal product, but there is some variability in demand.  Demand for the product over the past 13 weeks is shown in the following table.

946_55.png

 

1. Consider using a easy moving average model. Experiment with models using five weeks and 3 weeks past data. The past data in every region is give below. Evaluate the forecasts that would have been made over the past 13 weeks using the mean absolute deviation and tracking signal as criteria.

1606_55.png

2.  Next, consider using a easy exponential smoothing model. In your analysis, test 2 alpha values, .2 and .4. Use the similar criteria for evaluating the model as in part 1. Suppose that the initial previous forecast for the model using an alpha value of .2 is the past 3-week average. For the model using an alpha of .4 suppose that the previous forecast is the past five-week average.

 

 

 

 


Related Discussions:- moving average model

Wireless and communication, With a maximum excess delay of and a chip durat...

With a maximum excess delay of and a chip duration of , the multipath components fall in delay bins. This means that we experience leakage of energy between chips and the channel i

Define sampling frequency, Define Sampling Frequency? Since real analog...

Define Sampling Frequency? Since real analog signals consist of several frequencies, spectrum of the input signals should be limited to make sure that no signal energy exists a

Single Phase Induction Motor, How do I connect a Capacitor on the machine i...

How do I connect a Capacitor on the machine if it has a start mechanism

Applications platform - gis applications, Applications Platform: GIS a...

Applications Platform: GIS applications should be capable to act as a base system over which the other business process application can be integrated which is the objective of

Microwave components and devices, explain how microwave intergrated circuit...

explain how microwave intergrated circuits differ from conventional intergrated circuit stating the technologies

Mode 1 - buck converter , Mode 1 ( 0 By  applying a positive  output ...

Mode 1 ( 0 By  applying a positive  output  pulse  of the pulse  width modulator to  the  transistor Q 1 it gets turned on.  An input  current  in flows  through V in   Q 1

Sim set interrupt mask instruction, SIM Set Interrupt Mask Instruction ...

SIM Set Interrupt Mask Instruction This  instruction is used  to mask unmask 8085 interrupts and send  serial  output  data. The accumulator  is used to load the  require data

Dc machines, importance of critical speed in dc generator

importance of critical speed in dc generator

Variability in oxidation state of transition metals, What do you mean by va...

What do you mean by variability in oxidation state of transition metals different from that of the non transition metals? Illustrate with examples.

Global positioning system, Global Positioning System: For power utilit...

Global Positioning System: For power utilities, the basic objective of using Global Positioning System (GPS) and GIS should be to: enhance the efficiency of transmissio

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd