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

Vector calculus in electromagnetic theory, can you please briefly explain a...

can you please briefly explain about significance of the word direction in vectors with some valid points

Petri nets, Discrete Systems Control: cat and mouse example with 4 rooms us...

Discrete Systems Control: cat and mouse example with 4 rooms using petri nets

Commercial fm radio broadcasting, Q. Commercial FM radio broadcasting? ...

Q. Commercial FM radio broadcasting? Commercial FM radio broadcasting utilizes the frequency band of 88 to 108 MHz for the transmission ofmusic and voice signals. The carrier

Define wireless communications, Q. Define wireless communications? The ...

Q. Define wireless communications? The latest wireless communications technology is the personal satellite phone. The coverage is planetary and one can reach anywhere on earth.

Explain direct data addressing mode, Direct data addressing mode (with exam...

Direct data addressing mode (with examples) available in microprocessors. Direct Mode: Instruction comprises memory access. CPU accesses which location into memo

State faraday''s law, Faraday's Law Faraday's laws of electromagnetic i...

Faraday's Law Faraday's laws of electromagnetic induction state: i)  An induced e.m.f is setup when the magnetic field linking that circuit changes ii)  The magnitude of

Find the fourier-series expansion of the pulse train, The rectangular pulse...

The rectangular pulse train of Figure (a) consists of pulses of height A and duration D. Such pulse trains are employed for timing purposes and to represent digital information. Fo

Explain how materials can be classified in three groups, Explain how materi...

Explain how materials can be classified into three groups on the basis of atomic structure. An atom has a positively charged nucleus surrounded through a group of negatively ch

Voltage divider, I want to know how can i make transformerlass power supply...

I want to know how can i make transformerlass power supply 220v to 48v (8A) and 220v to 24v (8A)

Why we need biasing, Q. Why we Need biasing? Need for biasing : Baising...

Q. Why we Need biasing? Need for biasing : Baising is necessary to establish the quiescent operating point so that the device operates with the linear region without exceeding

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