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

Different kinds of high-tension fuses and low-tension fuses, Q. Different k...

Q. Different kinds of high-tension fuses and low-tension fuses ? Ans: There are two kinds of fuses they are a) L.V Fuses - 1) HRC cartridge fuses.   - 2) Semi enclosed re

Explain about blocking probabilityand grade of service, Q. Explain about bl...

Q. Explain about blocking probabilityand Grade of service? And what do you mean by delay systems in telecommunication networks? Ans: Grade of service: In loss systems, traff

Effective mass, Effective Mass The electrons' "wave-particle" motio...

Effective Mass The electrons' "wave-particle" motion in a lattice is not the same as that for a free electron, because of the interaction with the periodic potential of the

Illustrate the internal architecture of 8085, Microprocessor 1. Write a...

Microprocessor 1. Write an assembly language program to find the highest among two numbers. 2. Draw and illustrate the internal architecture of 8085 briefly. 3. What is t

Certification of energy managers, Certification of Energy Managers Ce...

Certification of Energy Managers Certification of Energy Managers and Accreditation of Energy Auditing Firms One of the important provisions in the Act is to create a cad

Characteristics of stepper motors - stepper motor , Characteristics of Ste...

Characteristics of Stepper Motors The main  characteristic of stepper  motors is torque  versus stepping or  pulse  rate. It give the  variation  of torque as a function of pu

Memory address - address bus , Memory Address The memory  address is of...

Memory Address The memory  address is of 16  bits. It ranges from 0000?H to  FFFH 16bits address lines of 8085 microprocessor are  capable  of addressing 216 i e 65, 536, ( or

Comperators, How to build a 6 bit comparator?

How to build a 6 bit comparator?

Magnetic field due to a current carrying coil, Amperes Circuital Law states...

Amperes Circuital Law states that the line integral of the magnetic field H around a closed  path equals  the  total  current enclosed. ∫ H       dl          ∑ I   App

Types of meter test, Types of Meter Test A meter should pass the subse...

Types of Meter Test A meter should pass the subsequent two types of tests: Type Tests Routine Tests Meters are calibrated such in which the whole

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