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

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

Describe about digital communication systems, Q. Describe about digital com...

Q. Describe about digital communication systems fl A digital signal can be deflned as having any one of a finite number of discrete amplitudes at any given time. The signal coul

Equipment parameter data, Equipment parameter data: The schematic diag...

Equipment parameter data: The schematic diagrams for existing substations have to be prepared along with information of power transformer rating and numbers, impedance values,

Effect of supply voltage - stepper motor , Effect of Supply  Voltage ...

Effect of Supply  Voltage a.As the applied  as voltage  is increased hysteresis loss increases. b.Eddy current losses are given by W e α f 2 t 2 B 2 m Where B m =

Explain instruction sets of 8085, Explain instruction sets of 8085. a) ...

Explain instruction sets of 8085. a)  Data transfer group - MOV, MVI, LXI. b)  Arithmetic group - ADD, SUB, INR. c)  Branch group - JMP, JNZ, CALL. d)  Logical group -

Assembly language, To find out the largest of ten 8 bit numbers. Method: Th...

To find out the largest of ten 8 bit numbers. Method: The numbers are stored in consecutive memory locations. The counter register is initialized with 0A and the address pointer po

Explain working of liquid-crystal display, Q. Explain Working of Liquid-cry...

Q. Explain Working of Liquid-crystal display? This display needs only microwatts of power (over a thousand times less than a LED) and is used in such devices as electronic wris

Explain the synchronous up-down counters, Explain the Synchronous Up-Down C...

Explain the Synchronous Up-Down Counters? The circuit of a 3-bit synchronous up-down counter and a table of its sequence are shown below.  Alike to an asynchronous up-down count

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