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

National tariff policy or ntp, National Tariff Policy or NTP In the dr...

National Tariff Policy or NTP In the draft of NTP, it is suggested that although setting the tariff ERC should introduce performance-based cost of service regulations, a clear

Single phase meters, Single Phase Meters Single phase meters are commo...

Single Phase Meters Single phase meters are commonly rated for 240 V AC supply; the current ratings are 5/10, 10/20, 2.5/10 or 5/20 A or are for direct connection to the mains

In what way is program control superior to wired control, Q. Classify switc...

Q. Classify switching systems. In what way is stored program control superior to hard wired control? Ans: Classifications of switching systems are givenin block diagram belo

Design a battery charger, The problem with a battery charger (say, for port...

The problem with a battery charger (say, for portable devices) is that it continues to draw power even after the battery is fully charged thereby wasting electricity. In addition,

Explain about automatic stabilizers, Q. Explain about Automatic Stabilizers...

Q. Explain about Automatic Stabilizers? Automatic Stabilizers: Government fiscal policies which have effect of automatically moderating cyclical ups and downs of capitalism.

Dc motor, You have been given a DC motor to characterize. What three measu...

You have been given a DC motor to characterize. What three measurements are required in order to develop the torque-speed curve and the acceleration curve for the unloaded motor?

Microwaves, derive the s parameters of a network by smith chart

derive the s parameters of a network by smith chart

Speed control of dc motor - motor control , Speed control of DC Motor ...

Speed control of DC Motor The DC  motor  are versatile motors among the  available  electrical  motors due to  their  superior  characteristics. These motors  give a smooth sp

Determine briefly subscriber loop system, Q. Determine briefly subscriber l...

Q. Determine briefly subscriber loop system.  Give some technical specification for subscriber lines. Ans: Subscriber Loop System: Each subscriber in a telephone network is

Explain the memory map of transient program area in a pc, Draw the memory m...

Draw the memory map of TPA in a personal computer and explain different areas. The transient program area holds the DOS operating system and other programs which control the co

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