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

Laser beam machining and electron beam melting, Differentiate between LBM a...

Differentiate between LBM and EBM process on the basis of application and limitations.

Explain the configuration of a step-by-step switching system, With neat dia...

With neat diagrams explain the configuration of a step-by-step switching system. Schematic diagram for such an exchange is given in Figure.  Every subscriber is connected to a

Energy band diagram, E n e r gy Band Diagram Energy band d...

E n e r gy Band Diagram Energy band diagram in qualitative form is sketched by following the following process: 1. The semiconductor device is supposed to be ma

Force between current carrying conductors, If a second current carrying con...

If a second current carrying conductor is placed near to the first and the corresponding magnetic fields drawn, we can begin to visualise why a force is created between them. If

Introduction to problem based learning, The Problem Based Learning is an ap...

The Problem Based Learning is an approach to learning prepares the students to engage with challenges similar to real world problems.The VEB3001-Problem Based Learning has been an

How a transistor in common-base configuration amplify signal, Q. With a cir...

Q. With a circuit diagram explain how a transistor in common-base configuration amplify signals.  The common-base terminology is derived from the fact that the base is common t

Explain commutator action in dc machine, Q. Explain Commutator Action in dc...

Q. Explain Commutator Action in dc machine? As a consequence of the arrangement of the commutator and brushes, the currents in all conductors under the north pole are in one di

Input resistance of an ideal op amp, Q. The input resistance of an ideal op...

Q. The input resistance of an ideal op amp with no feedback is infinite. Investigate the input resistance of an op amp with a feedback resistance RF: (a) When there is no resist

What is resistivity, What is resistivity? Resistivity of a material ma...

What is resistivity? Resistivity of a material may be explained as the resistance of the material having unit length and also unit cross sectional area. Unit of it is ohm-m.

Principals applied in product design, What are the broad principals that wi...

What are the broad principals that will be applied in product design to facilitate automated assembly ?

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