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

Explain the alphanumeric coding - bcd to decimal conversion, Explain the Al...

Explain the Alphanumeric Coding - bcd to decimal conversion? For the inherently binary world of computer, it is necessary to put all symbols, letters, numbers, and so on into bin

Torque required to turn a self excited generator, Work must be done against...

Work must be done against the electromagnetic torque in order to generate the voltage (and current) supplied to the electrical load connected to the generator. Therefore energy con

Working principle of ultrasonic machine, Illustrate the working principle, ...

Illustrate the working principle, equipment used,process characteristic, advantage and disadvantage of water jet machine (WJM) (a) Illustrtae the working principle of ultrasonic

Find the forced component of the current, Q. Consider an RC parallel circui...

Q. Consider an RC parallel circuit excited by (a) i(t) = 20e -2t A, and (b) i(t) = 20 A. Find the forced component of the current through the capacitor for R = 2  and C = 2F.

Electrical starter motor, ELECTRICAL STARTER MOTOR This usually consist...

ELECTRICAL STARTER MOTOR This usually consists of a heavy duty, compound wound, DC motor, which draws its electrical supply from an external source. The motor works in conjunc

What is pipelined architecture, What is pipelined architecture? The com...

What is pipelined architecture? The computer is composed of two parts that operate asynchronously one part known as a BIU, fetches instruction from code memory while the memory

Advantages and disadvantages of direct coupled coupling, Q. Mention the adv...

Q. Mention the advantages and disadvantages of direct coupled coupling?       Advantages:             1.Simple circuit due to minimum use of resistor             2.Low

Speed control of dc motor using pid, The objective of the project is to pro...

The objective of the project is to protect damage of the DC motors. If the motor is not working it will be shown with red light, if working normally then green and if working at a

Sections construct in fortan, Q. Sections construct in FORTAN? The sect...

Q. Sections construct in FORTAN? The sections construct is a no iterative work sharing construct which causes structured blocks to be shared among threads in team. Every struct

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