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

Classify the magnetic materials, Classify the magnetic materials into diama...

Classify the magnetic materials into diamagnetic, paramagnetic, ferromagnetic and ferrimagnetic materials. Also give examples of each. Classification of magnetic materials:-

Gis application architecture, GIS application architecture: GIS applic...

GIS application architecture: GIS application architecture should 1  Give a framework and the essential programming interfaces to enable complex GIS applications to be deve

Find the voltage drops across the resistors, Consider the network shown in ...

Consider the network shown in Figure (a). (a) Find the voltage drops across the resistors and mark them with their polarities on the circuit diagram. (b) Check whether the KV

Explain the basic concepts in memory interfacing, Explain the Basic concept...

Explain the Basic concepts in memory interfacing The primary function of memory interfacing is that the microprocessor should be able to read from and write into a given regist

Power electronics, A step-down transformer has primary turns Np = 100; seco...

A step-down transformer has primary turns Np = 100; secondary turns Ns = 10; primary winding resistanceRp = 100 ?; secondary winding resistance Rs = 2 ?. Assume that there is no l

Digital control system, block diagram of digital control system and explain...

block diagram of digital control system and explain each block

Determine the number of bits of a natural binary encoder, Determine the num...

Determine the number of bits of a natural binary encoder that works with the quantizer: a) If the extreme levels are ±3.1 V, with a step size of 0.2 V. (b) If there are 128 q

Various steps in designing the counter, Design a mod-15 counter. Explain th...

Design a mod-15 counter. Explain the various steps in designing the counter

Simple zener voltage regulator, Consider a simple zener voltage regulator w...

Consider a simple zener voltage regulator with the circuit diagram shown in Figure (a). (a) For a small reverse resistance R Z S and V S - R S i out > V Z , show that v ou

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