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

Write a short note on rs-232-c, Write a short note on RS-232-C. The RS-...

Write a short note on RS-232-C. The RS-232 standard is a collection of connection standards among different pieces of equipment. The EIA RS-232 serial communication standard is

What is the pipelining, A method used in advanced microprocessors where the...

A method used in advanced microprocessors where the microprocessor begins implementing a second instruction before the first has been done. That is, various instructions are in the

Determine the two possible ssb am signals, Let the modulating signal m(t) b...

Let the modulating signal m(t) be a sinusoid of the form m(t) = cos 2πf m t, f m c , and let the carrier signal be cos(2πf c t + φc). (a) Determine the conventional AM signal,

Single Phase Induction Motor, How do I connect a Capacitor on the machine i...

How do I connect a Capacitor on the machine if it has a start mechanism

What is difference between 16 bit & 32 bit version of c/c++, What is the ma...

What is the main difference between 16 bit and 32 bit versions of C/C++ while using in line assembler. The 32-bit applications are written by using Microsoft Visual C/C++ for t

Design the high-pass filter, Q. Design the high-pass filter shown in Figure...

Q. Design the high-pass filter shown in Figure (by determining C) to have a half-power frequency of 1 MHz.

What is permeability of magnetic materials, Q. What is permeability of magn...

Q. What is permeability of magnetic material? For magnetic material media, the magnetic flux density B, expressed in tesla (T) or Wb/m 2 , and the field intensity H, expressed

Basic building block of a block diagram, The mathematical relationships of ...

The mathematical relationships of control systems are usually represented by block diagrams, which show the role of various components of the system and the interaction of variable

Block diagram of proportional and integral controller, Q. Show Block diagra...

Q. Show Block diagram of proportional and integral controller? The block diagram of Figure illustrates a typical microprocessor system used to implement the digital PI controll

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