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

Types of cells and batteries, Types of cells and batteries are:- a.  C...

Types of cells and batteries are:- a.  Carbon-zinc cell b. Nickel-cadmium cell c.  Alkaline celld.  d.  Edison cell e.  Mercury cell

Show that the force exerted on each charge, Q. Consider two 1-C charges sep...

Q. Consider two 1-C charges separated by 1 min free space. Show that the force exerted on each is about one million tons.

Basic requirement of semiconductor laser, What is basic requirement of semi...

What is basic requirement of semiconductor laser? Draw its label diagram and explain its working with necessary theory. Write down the applications of semiconductor laser.

Determine the laplace transform of the given functions, Q. Determine the La...

Q. Determine the Laplace transform for each of the following functions from the basic de?nition of Equation. (a) f 1 (t) = u(t) (b) f 2 (t) = e-at (c) f 3 (t) = df (t) dt,

Determine the efficiency, Q. (a) Consider a three-phase star or wye half-wa...

Q. (a) Consider a three-phase star or wye half-wave recti?er with a purely resistive load R. Determine: (i) efficiency, (ii) formfactor, (iii) ripple factor, (iv) TUF, and (v) PIV

Define hrq, Define HRQ? The hold demand output requests the access of t...

Define HRQ? The hold demand output requests the access of the system bus. In non- cascaded 8257 systems, this is linked with HOLD pin of CPU. In cascade mode, this pin of a sla

Hybrid meters, Hybrid Meters These meters have electronic measurement ...

Hybrid Meters These meters have electronic measurement circuits but show is by impulse counters/stepper motors. Accuracy is classically class 1.0 or 2.0 and commonly these met

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