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

Define multiple inputs - control system, Define Multiple Inputs - Control S...

Define Multiple Inputs - Control System When there is much more than one input to a system, the superposition principle can be employed. This is that: The response to variou

Generation and control of electron beam, Illustration the basic working pri...

Illustration the basic working principle, process parameters, economics, safety precautions and applications of plasma Arc Machining process(PAM) Discuss Electron Beam Machining

What is the direction of a line of flux, What is the Direction of a line of...

What is the Direction of a line of flux The direction of a line of flux is from the north pole to the south pole on the exterior of the magnet and is then supposed to continue

Current flow through each resistor using mesh analysis, Find the current fl...

Find the current flow through each resistor using mesh analysis for the circuit below. Step : Determine the number of common nodes and reference node within the network

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

Explain acceptance cone, Explain Acceptance cone? The fibre air - core ...

Explain Acceptance cone? The fibre air - core interface is display below: In this figure Omax is the maximum angle, inside that the rays undergo total internal reflecti

Can you explain octal to binary conversion, Q. Can you explain Octal to Bin...

Q. Can you explain Octal to Binary Conversion? It is also simple to convert from an integer octal number to binary. This is completed by: Convert the decimal number

Determine the thevenin and norton equivalent circuits, Q. (a) Determine the...

Q. (a) Determine the Thévenin and Norton equivalent circuits as viewed by the load resistance R in the network of Figure. (b) Find the value of R if the power dissipated by R is

8085microprocessor architecture , Normal 0 false false fals...

Normal 0 false false false EN-IN X-NONE X-NONE 8085MICROPROCESSOR ARCHITECTURE

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