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

Illustrate the internal architecture of 8085, Microprocessor 1. Write a...

Microprocessor 1. Write an assembly language program to find the highest among two numbers. 2. Draw and illustrate the internal architecture of 8085 briefly. 3. What is t

Principles for implementation of strategy in organization, Principles for I...

Principles for Implementation of Strategy in an Organization Organization required focusing on five principles for the successful implementation of strategy. Organizations wil

Scr, what is finger voltage?

what is finger voltage?

LED, what ternary alloy, composition and binary substrate can be used for ...

what ternary alloy, composition and binary substrate can be used for an LED at 1.55 µm optical fiber windo

Define flash analog to digital converters, Define Flash Analog to Digital C...

Define Flash Analog to Digital Converters? Parallel flash ADCs transform the analog input voltage faster as compared to other types of ADCs.  They compare the voltage in parall

States the superposition theorem, The superposition theorem states: 'In...

The superposition theorem states: 'In any network made up of linear resistances and having more than single source of e.m.f, the resultant current flowing in any branch is the

Representation of the control system, Question: (a) The forward path t...

Question: (a) The forward path transfer function of a unity feedback control system is given by: (i) Draw the labelled block diagram representation of the control system.

Determine rc in given figure, Q. Afixed-biasmethod is illustrated in Figure...

Q. Afixed-biasmethod is illustrated in Figure. Assuming ICBO to be small compared to I BQ and I CQ , find RB such that the operating point corresponds to I CQ = 14 mA, V CEQ = 7

Different types of errors in measurement, Q.   Enumerate different types o...

Q.   Enumerate different types of errors in  measurement. How can these errors be minimized.                Sol. Types of errors: Errors may arise from different sources and

Analyze diode circuit with rlc load, Q. Analyze Diode circuit with RLC load...

Q. Analyze Diode circuit with RLC load? Consider a diode circuit with an RLC load, as shown in Figure, and analyze it for i(t) when the switch S is closed at t = 0. Treat the d

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