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

Electronic instrumentation and measurements, why is a delay line used in th...

why is a delay line used in the vertical selection of oscilloscope?

Radio communication engineering, how electromagnetic wave transmitted from ...

how electromagnetic wave transmitted from the ground are bent back towards the earth when they enter a layer of ionosphere?

Draw and explain the circuit of wein bridge oscillator, Q. Draw and explain...

Q. Draw and explain the circuit of Wein bridge oscillator. Obtain the expressions for the (i) frequency of oscillation and (ii) condition for oscillation. Will oscillat

Determine vout and the power supplied, Q. An operational amplifier stage is...

Q. An operational amplifier stage is typically represented by the circuit of Figure. For the values given, determine V out and the power supplied by the 2.5-V source.

Carrier modulation by digital signals, Q. Carrier Modulation by Digital Sig...

Q. Carrier Modulation by Digital Signals? Digitally modulated signals with low-pass spectral characteristics can be transmitted directly through baseband channels (having low-p

Draw a relay construction diagram, Draw a relay construction diagram and br...

Draw a relay construction diagram and briefly explain the operation of a relay. Define the terms normally open and normally closed. Define the terms Set and Reset for relays.

Find the meter reading for a sine wave, Q. ADMM (digital multimeter) reads ...

Q. ADMM (digital multimeter) reads true rms values of current. If the peak value of each of the following periodic current waves is 5 A, find the meter reading for: (a) a sine wave

Purpose of customer review in project management, Q. Purpose of Customer Re...

Q. Purpose of Customer Review in project management? The Customer in conjunction with the Project Manager/ Engineer decides the timing of the IFA review. This review is cond

Write explanatory notes on hard disk drive controller, Write explanatory no...

Write explanatory notes on Hard disk drive controller. Hard disk drive controller: It converts instructions from software running upon the computer to the electrical signals

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