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

Competition, how to be prepare for gate....

how to be prepare for gate....

Explain dipolar polarization, Explain dipolar polarization. Dipolar ...

Explain dipolar polarization. Dipolar polarization is a polarization which is particular to polar molecules. Such polarization results from permanent dipoles that retain po

Determine harmonic factor hf of the input current, Q. Consider a full-wave ...

Q. Consider a full-wave single-phase bridge recti?er circuit with dc motor load, as shown in Figure (a). Let the transformer turns ratio be unity. Let the load be such that the

Define shunt capacitors and reactors, Define Shunt Capacitors and Reactors ...

Define Shunt Capacitors and Reactors Shunt capacitors absorb leading VArs (i.e. they are used to supply lagging VArs) whereas reactors are used to absorbs lagging VArs. Capacit

Linear and IC applications, bias compensation techniques for ac and dc char...

bias compensation techniques for ac and dc characteristics

Explain ferroelectricity, Explain ferroelectricity. Ferroelectricity: ...

Explain ferroelectricity. Ferroelectricity: - Materials of ferroelectric have a high dielectric constant that is non-linear that is, this depends to a considerable extent on t

Obtain an expression for b, Q. Consider an infinitely long, straight wire (...

Q. Consider an infinitely long, straight wire (in free space) situated along the z-axis and carrying current of I A in the positive z-direction. Obtain an expression for ¯B everywh

Factors affecting high commercial losses, Factors Affecting High Commercial...

Factors Affecting High Commercial Losses Commercial losses in our country occur mainly because of the following reasons: Incorrect assessment of the energy consum

Low-pass electronic filter, Low-pass electronic filter: The capacitors...

Low-pass electronic filter: The capacitors and inductors are the reactive elements of the filter. The number of elements ascertains the order of the filter. In this situation,

Explain standby mode of operation in spc organization, Q. Explain Standby m...

Q. Explain Standby mode of operation in SPC organization? Standby mode of operation is the simplest of dual processor configuration operations. Generally one processor is activ

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