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

Control systems, why open loop system is stable and why degree of stability...

why open loop system is stable and why degree of stability varies in closed loop system

Impedance / DUTT, 3) The impedance for a 120 km, 230-kV line is given as j ...

3) The impedance for a 120 km, 230-kV line is given as j 0.9 ohm/km and j 0.6 ohm/km for self and mutual terms respectively; resistance is neglected. The mho characteristic for the

Certification of energy managers, Certification of Energy Managers Ce...

Certification of Energy Managers Certification of Energy Managers and Accreditation of Energy Auditing Firms One of the important provisions in the Act is to create a cad

Dtl and ttl logic circuits, Q. DTL AND TTL LOGIC CIRCUITs? Bipolar tran...

Q. DTL AND TTL LOGIC CIRCUITs? Bipolar transistorswere the first solid-state switching devices commonly used to implement digital logic circuits in the 1950s and 1960s. These c

Frequency response of a r-c coupled amplifier, Q. Write a short note on the...

Q. Write a short note on the frequency response of a R-C coupled amplifier. At low frequencies ( , the reactance of coupling capacitor Cc is quite high and hence very small pa

Illustrate in detail b-spline and cubic bezier surfaces, Define ruled surfa...

Define ruled surface and surface of revolution. Illustrate in detail B-spline and cubic Bezier surfaces with their important properties.

What is basic working of mosfet, Q. What is basic working of MOSFET? Th...

Q. What is basic working of MOSFET? The metal-oxide-semiconductor construction leads to the name MOSFET, which is also known as insulated-gate FET or IGFET. One type of constru

Variations of drain current - drain voltage, Q. Consider the common-source ...

Q. Consider the common-source JFET circuit shown in Figure with ?xed bias. Sketch the sinusoidal variations of drain current, drain voltage, and gate voltage superimposed on the di

Cause of sparking at the brushes of a dc motor, Q. Cause of sparking at the...

Q. Cause of sparking at the brushes of a DC Motor? Ans: Sparking at the brushes can be occur due to poor quality of carbon brushes, loose connection, poor armature of carbon

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