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

Present and future trends in power systems, Q. Present and Future Trends in...

Q. Present and Future Trends in power systems? According to the Edison Electric Institute, electricity's share of U.S. primary energy was almost 36% in 1989, and it is likely t

Crystal-controlled oscillator circuits, Circuits, which provide sinusoidal ...

Circuits, which provide sinusoidal waveforms, are but useful in themselves and form the basis of many other circuits, such as square and triangular waveform generators, and clocks.

Describe the two core-excited states, Using the optimized 6-311G(d,p) geome...

Using the optimized 6-311G(d,p) geometry determined in question 1, perform the following equivalent core calculations for any two inequivalent carbons of butadiene: (a) Equivale

Transmission of electricity, explain all the components involved in transmi...

explain all the components involved in transmission of electricity

Drawing, #question what are the types of lines used there and their applica...

#question what are the types of lines used there and their application ..

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

Illustrate core losses in magnetic core material, Q. Illustrate Core Losses...

Q. Illustrate Core Losses in magnetic core material? Iron-core losses are usually divided into two components: hysteresis loss and eddy-current loss. The former is proportional

ELECTRIC DRIVES, BLOCK DIAGRAM OF DIGITAL CONTROL OF ELECTRIC DRIVES

BLOCK DIAGRAM OF DIGITAL CONTROL OF ELECTRIC DRIVES

Digital electronics, Design a logic circuit when to provide an output when ...

Design a logic circuit when to provide an output when any two or three of four switches are closed.

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