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

Electrons, Ask question #Minimum 100 words accepted how does the charge pla...

Ask question #Minimum 100 words accepted how does the charge plate relate to the movement of electrons

Determine the complete response for capacitance, Consider the circuit of Fi...

Consider the circuit of Figure for t> 0 with zero initial conditions, v Th (t) = 1 V (dc), and R Th = 2 ; L = 1 H. Determine the complete response for vC(t) for capacitance value

Motor, 2. A 6 pole lap-wound armature having 720 conductors, rotates in a f...

2. A 6 pole lap-wound armature having 720 conductors, rotates in a field of 20.35 mWb. (a) If the induced current is 72 A, what is the torque developed by armature? (b) If the indu

Discuss the assembler directive of offset, Discuss the assembler directive ...

Discuss the assembler directive of OFFSET with example. OFFSET: This is an operator to find out the offset (displacement) of a variable or process regarding the base

Rankine cycle and modified rankine cycle, Discuss in detail the several ene...

Discuss in detail the several energy resources and their availability. How does a Rankine cycle differ from a modified Rankine cycle? Write down the mathematical expression of m

Define shunt var compensation, Define Shunt VAr Compensation? Shunt cap...

Define Shunt VAr Compensation? Shunt capacitors absorb leading VArs (i.e. they are used to supply lagging VArs) whereas reactors are used to absorbs lagging VArs. Capacitors an

Working with various instructions using debug, The purpose of this experime...

The purpose of this experiment is to introduce you to a powerful 80x86 assembly/machine language utility called DEBUG. Preparing Your DEBUG Environment If you have an older

Explain the procedure for design of sequential circuits, Explain the Proced...

Explain the Procedure for design of Sequential Circuits? The design of the synchronous sequential circuit starts from a set of specifications and culminates in a logic diagram

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