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

Identify the processes involved in fabrication, The first three elements of...

The first three elements of the task are: 1. To critically examine a selection of the components used on this design 2. To recommend materials to be used in making the board

Find the inductor current and voltage, Q. The energy stored in a 2-µH induc...

Q. The energy stored in a 2-µH inductor is given by wL(t) = 9e-2t µJ for t ≥ 0. Find the inductor current and voltage at t = 1 s.

Gunawan, conclusion about electrical engireng??

conclusion about electrical engireng??

What is centralized spc, Q. What is centralized SPC? In centralized con...

Q. What is centralized SPC? In centralized control, all control equipment is replaced by a single processor which should be quite powerful. It should be capable of processing 1

Define byte assembler directive, What do you understand by DB assembler...

What do you understand by DB assembler directive?   DB (Define Byte): The DB directive explains by a byte-type variable (that is a variable that occupies one byte of memo

Dc machines, importance of critical speed in dc generator

importance of critical speed in dc generator

Determine the percentage ripple voltage, Problem (a) Figure gives the ...

Problem (a) Figure gives the basic circuit of the diode limiter. Assuming that the diodes are ideal sketch and annotate the waveforms of the input voltage vi(t) and the load

Find the current, 1. A 1 μm long and 100 μm 2 cross-sectional area silicon...

1. A 1 μm long and 100 μm 2 cross-sectional area silicon bar is doped with 10 16 /cm 3 phosphorous. Use the graph below to: a. Find the current at 300°K with 10 V applie

Allocative efficiency, Allocative Efficiency: A neoclassical concept refer...

Allocative Efficiency: A neoclassical concept referring to allocation of productive resources (labour, capital, etc.) in a manner that best maximizes well-being (or 'utility') of

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