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

risers, Risers: Riser Design : A riser or a feeder head is a passag...

Risers: Riser Design : A riser or a feeder head is a passage of sand made in the cope to permit the molten metal to rise above the highest point in the casting after the mou

How does the value of idss and vp change, Q. How does the value of Idss and...

Q. How does the value of Idss and Vp change with the change in Vgs The value of Vp and and Idss can be controlled by adjusting the value of the gate to sorce voltage ie Vgs. T

Power angle and performance characteristics, Q. Power Angle and Performance...

Q. Power Angle and Performance Characteristics? The real and reactive power delivered by a synchronous generator, or received by a synchronous motor, can be expressed in terms

1-phase half bridge inverters, 1- Φ Half Bridge Inverters 1-Φ bridge  ...

1- Φ Half Bridge Inverters 1-Φ bridge  inverter may be  of two  type 1-? half  bridge  and 1-? full  bridge  inverter. 1-? half bridge  inverter with resistive load to explain

Determine efficiency and ripple factor, (a) Show Diode as a half wave recti...

(a) Show Diode as a half wave rectifier. Determine efficiency and Ripple factor of the half wave rectifier. (b) Write short note on LED. Briefly explain : (i) Positive cli

Emitter follwer, Ask questertion #Minimum 100 words accepted#

Ask questertion #Minimum 100 words accepted#

What are the important requirements of a insulating material, What are the ...

What are the important requirements of a good insulating material? Important requirements of good insulating materials:- The necessity of good insulating materials can be cl

C R O DELAY LINE, WHAT IS THE FUNCTION OF DELAY LINE IN CRO

WHAT IS THE FUNCTION OF DELAY LINE IN CRO

Determine the percentage drop in load current, Q. A practical current sourc...

Q. A practical current source is represented by an ideal current source of 200 mA along with a shunt internal source resistance of 12 k. Determine the percentage drop in load curr

Illustrate the principle of alignment, Q. Illustrate the principle of align...

Q. Illustrate the principle of alignment? Pieces of highly permeablematerial, such as iron, situated in ambientmediumof lowpermeability, such as air, in which a magnetic 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