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

Which matels alloy make bronze, Bronze is an alloy of (A) Copper and T...

Bronze is an alloy of (A) Copper and Tin.               (B) Copper and Steel. (C) Copper and Mercury.      (D) Copper and Aluminium. Ans: Bronze is an alloy of Cop

Mode of propagation of electromagnetic waves, Q. Mode of propagation of ele...

Q. Mode of propagation of electromagnetic waves? The mode of propagation of electromagnetic waves in free space and atmosphere may be subdivided into three categories: • Gro

Infrasound waves or microwaves, When recording infrasound waves or microwav...

When recording infrasound waves or microwaves how do they vary from one another? Ans) By microwaves, do you mean "radio signals", like in a microwave oven? These have nothing t

#title thyristor, what is finger voltage in terms of thyristor

what is finger voltage in terms of thyristor

Write discussion on Construction and working of analog type, Write discussi...

Write discussion on Construction and working of analog type storage oscilloscope

Transistor, why BETA a current gain parameter of common emitter amplifier i...

why BETA a current gain parameter of common emitter amplifier is temperature dependent?

Difference, Difference between bootstrip sweep circuit and Miller sweep ci...

Difference between bootstrip sweep circuit and Miller sweep circuit

Determine the modulation index, An angle-modulated signal has the form u(t)...

An angle-modulated signal has the form u(t) = 100 cos [2πf c t+4 sin 2πf m t ],where f c =10MHz and f m = 1 kHz. Determine the modulation index β f or β p and the transmitted s

Energy stored in a switched inductor, The increase in the current is buildi...

The increase in the current is building up the magnetic field surrounding the coil. Energy is stored in that field. Consider the energy supplied by the voltage source during the

Current flow if 0.45 coulombs is to be transferred in 5 ms, What current m...

What current must flow if 0.45 coulombs is to be transferred in 5 ms? Quantity of electricity, Q = It, then:

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