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

Dc machines, what is working of dc machines?

what is working of dc machines?

Reverse bias, Reverse bias Reverse biased generally refers to how a di...

Reverse bias Reverse biased generally refers to how a diode is employed in a circuit. If a diode is reverse biased, the voltage at the cathode is gets higher than that at the

Determine and plot the ratios for air, 1.Determine and plot the ratios μ tr...

1.Determine and plot the ratios μ tr /μ and μ ab /μ  from 5 keV to 100 MeV for      (a) air,              (b) water,      (c) muscle,     (d) bone, and      (d) lead

Determine the kva rating of the synchronous motor, An induction motor takes...

An induction motor takes 350 kW at 0.8 power factor lagging while driving a load. When an overexcited synchronous motor taking 150 kW is connected in parallel with the induction mo

Determine the ratio of full-load current, The rotor of a wound-rotor induct...

The rotor of a wound-rotor induction motor is rewound with twice the number of its original turns,with a cross-sectional area of the conductor in each turn of one-half the original

Project, You have to look up the data sheets for the LM317 (Not LT317), LT1...

You have to look up the data sheets for the LM317 (Not LT317), LT1006. V1 is a standard 9 volt battery, and the resistors are “through hole”. Label the test points in, V+, gnd, and

Compute the rated-load efficiency, The following data apply to a 100-kW, 25...

The following data apply to a 100-kW, 250-V, six-pole, 1000-r/min long-shunt compound generator: no-load rotational losses 4000 W, armature resistance at 75°C = 0.015 , series-fie

What insulators have in large size, Insulators have (A) A full valence...

Insulators have (A) A full valence band. (B) An empty conduction band. (C) A large energy gap. (D)All the above. Ans: Insulators have a large energy gap.

Antinoise systems — noise cancellation, Q. Antinoise Systems — Noise Cancel...

Q. Antinoise Systems — Noise Cancellation? Traditionally sound-absorbing materials have been used quite effectively to reduce noise levels in aircraft, amphitheaters, and other

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