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

Compute the capacitance, Figure shows the cross-section of an electrostatic...

Figure shows the cross-section of an electrostatic problem with translational symmetry: a rectangular coaxial cable. The inner conductor is held at 10 volts and the outer conductor

Wein bridge, does wein bridge can be used for frequency measurement? how it...

does wein bridge can be used for frequency measurement? how it is possible?

Linear system to a unit-step excitation, Q. The response v(t) of a linear s...

Q. The response v(t) of a linear system to a unit-step excitation i(t) is given by v(t) = (5 - 3e -t + 2e -2t ) u(t). Determine the transfer function H(s) = V (s)/I (s).

Explain total internal reflection, Explain Total internal reflection? T...

Explain Total internal reflection? The refractive index of a medium is defined as the ratio of velocity of light in vacuum to the velocity of light in that medium n x = C/V

If a feeder circuit-breaker trips what action is required, Q. If a feeder c...

Q. If a feeder circuit-breaker trips, what action is needed? Ans: First isolate the faulty feeder check the faulty area on which fault the breaker was tripped (open circuit,

What is capacitance, What is Capacitance -  Capacitance is explained to...

What is Capacitance -  Capacitance is explained to be the amount of charge Q stored in among the two plates for a potential difference or voltage V existing across the plates.

What is meant by daisy chaining method, What is meant by Daisy Chaining met...

What is meant by Daisy Chaining method?  It does not need any priority resolving network, rather the priorities of all the devices are effectively assumed to be in sequence.

Software defined radio and modulation recognition, As we all know the next ...

As we all know the next century demand for wireless technology is expected to be the commercial implementation of Software Defined Radio (SDR) paradigm to improve base station effi

Magnetic field, how magnetic field is related to electric field

how magnetic field is related to electric field

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