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

atex equipment, I have an enclosure which doesnt comply with the atex dire...

I have an enclosure which doesnt comply with the atex directive, they want to install it in outside in a safe area of an offshore platform. They have produced an atex cert and want

Hilda output - externally initiated signals , HILDA ( Output) It is ...

HILDA ( Output) It is  called hold acknowledge signals it is active  high  i e it  goes high when  microprocessor receives HOLD signal.

3-phase 4 wire meters with ct and md, 3-Phase 4 Wire Meters with CT and MD ...

3-Phase 4 Wire Meters with CT and MD If load is commonly more than 50 A, CT operated meters should be used. It is to be remembered that CTs should be properly selected for acc

What insulators have in large size, Insulators have (A) A full valence...

Insulators have (A) A full valence band. (B) An empty conduction band. (C) A large energy gap. (D)All the above. Ans: Insulators have a large energy gap.

Microprocessor, Memory map of tpa in a personal computer and explain such o...

Memory map of tpa in a personal computer and explain such of the areas in brief

Working of simple air evaporative, With the help of neat sketch T-S diagram...

With the help of neat sketch T-S diagram illustrate the working of simple air evaporative cooling system used in air craft. With the help of neat diagram and T-S diagram iillust

Explain magnetic property of ferromagnetic materials, The critical temperat...

The critical temperature above which the ferromagnetic materials lose their magnetic property is known as (A) Hysteresis.                                   (B) Curie point.

Change management in power distribution, Change Management in Power Distrib...

Change Management in Power Distribution: Organisational change might be described as an organisation-wide effort to augment the effectiveness of an organisation through str

Society in engineering, cite a specific example in which the engineer must ...

cite a specific example in which the engineer must provide maximum efficiency for a given cost.

What is txd, What is TXD? TXD- Transmitter Data Output This output p...

What is TXD? TXD- Transmitter Data Output This output pin carries serial stream of the transmitted data bits by with other information like start bit, stop bits and priority

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