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

Current trasnsformer, A 13.8 kV feed er circui t breaker has a 600:5 multir...

A 13.8 kV feed er circui t breaker has a 600:5 multira tio curr ent transform er with charact eristics as show n in Figure 5.11. Th e max - imum load on the feed er is 80 A pri mar

Mainframes - introduction to microprocessors , Mainframes Computers lar...

Mainframes Computers larger than minicomputer more power  operating at very high speed  called  mainframes.  They  can processes 64  bit data.  Such computers are used  in defe

Transfer characteristics , Transfer Characteristics The  transfer char...

Transfer Characteristics The  transfer characteristics of power MOSFET   transfer characteristic shown the variation of ID with V GS    denote the drain current  with shorted

Inductive logic programming, Inductive Logic Programming : Now here ha...

Inductive Logic Programming : Now here having studied a non-symbolic approach to machine learning on Artificial Neural Networks then we return to a logical approach, namely In

Hybrid meters, Hybrid Meters These meters have electronic measurement ...

Hybrid Meters These meters have electronic measurement circuits but show is by impulse counters/stepper motors. Accuracy is classically class 1.0 or 2.0 and commonly these met

Explain types of addressing modes, Problem: a) Explain types of "Addres...

Problem: a) Explain types of "Addressing Modes". b) What is the difference between "Rotate" and "Swap" Operations? c) A computer spends a lot of time in moving data from

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