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

Emf produced by windings, Q. emf produced by windings? The time variati...

Q. emf produced by windings? The time variation of emf for a single conductor corresponds to the spatial variation of air-gap flux density. By suitable winding design, the harm

Pnp bipolar junction transistor, PNP The other kind of BJT is the PNP ...

PNP The other kind of BJT is the PNP with the letters "P" and "N" standing for the majority charge carriers inside the dissimilar regions of the transistor. Figure:

Describe about absolute poverty, Q. Describe about Absolute Poverty? Po...

Q. Describe about Absolute Poverty? Poverty defined with respect to an absolute material standard of living. A person is absolutely poor if their income does not allow them to

Find the minimum practical value frequency, A radar systemuses pulses of du...

A radar systemuses pulses of duration D tomodulate the amplitude of a radio carrierwave. The system can distinguish between targets spaced apart by a distance of d ≥ cD, where c is

Bipolar junction transistor, Bipolar junction transistor: Transistors ...

Bipolar junction transistor: Transistors are so named as they conduct via using both majority and minority carriers. The bipolar junction transistor that is abbreviated as BJT

Permanent magnets, Materials with 'hard' magnetic B/H characteristics often...

Materials with 'hard' magnetic B/H characteristics often show a strong residual magnetism. This makes them suitable for making permanent magnets. If the ring material were magnetis

The quantity of electricity transferred., If a current of 10A flows for fou...

If a current of 10A flows for four minutes, find the quantity of electricity transferred. Quantity of electricity, Q=It coulombs. I =10A and t = 4 × 60 = 240s.  Hence Q =

Vacancy, i just want to know any vacant in teaching side. Iam interested in...

i just want to know any vacant in teaching side. Iam interested in taking online classes

Explain linear versus nonlinear control systems, Q. Explain Linear versus n...

Q. Explain Linear versus nonlinear control systems? Linear feedback control systems are idealized models that are conceived by the analyst for the sake of simplicity of analysi

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