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

Avalanche breakdown region, Avalanche breakdown region: Even though th...

Avalanche breakdown region: Even though these regions are well described for sufficiently large applied voltage, they overlap somewhat for small (less than a few hundred milli

Explain the applications of emitter follower, Q. Explain the applications o...

Q. Explain the applications of emitter follower. Because of high input impedance and low output impedance an emitter follower is capable of transferring maximum power from the

Name the different methods used for data transmission, What are the differe...

What are the different types of methods used for data transmission? The data transmission among two points involves unidirectional or bi-directional transmission of meaningful

Circuite theory, In real life, transformers have losses which cause their b...

In real life, transformers have losses which cause their behaviour to deviate from the ideal. Explain the reasons for this non-ideal behaviour

Compute the efficiency of the transformer, Compute the efficiency of the tr...

Compute the efficiency of the transformer of Example corresponding to (a) full load, 0.8 power factor lagging, and (b) one-half load, 0.6 power factor lagging, given that the input

Project, Design a DC motor control system to run the 48V DC motor at 40rpm ...

Design a DC motor control system to run the 48V DC motor at 40rpm up to max load of the motor. You are responsible for designing the control of a 24V supply along with the speed s

What is message demodulation, Q. What is Message Demodulation? The majo...

Q. What is Message Demodulation? The major advantage of the conventional (standard) DSB AMsignal transmission is the ease with which the signal can be demodulated. Themessage s

Schematic diagram of led based system, Q. Schematic Diagram of LED based Sy...

Q. Schematic Diagram of LED based System ? As shown in the two schematic diagrams above, the LEDs in a seven-segment display are not isolated from each other. Rather, eith

Description of clauses used in a parallel construct, Q. Description of clau...

Q. Description of clauses used in a parallel construct? When a thread comes across a parallel construct a set of new threads is made to execute parallel region. Inside the para

V-i characteristics - power semiconductor devices , V-I Characteristics ...

V-I Characteristics  In the  normal  mode of  operation of an IGBT  a positive  voltage is applied to the collector relative to emitter. When  the gate is at zero potential wi

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