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

Circuit with inductive load, Circuit with inductive load  Electromagnet...

Circuit with inductive load  Electromagnetic induction When a conductor is moved across a magnetic field so as to cut by the lines of force (or flux, an electromotive force

Effective negative voltage, Effective negative voltage: Effect negati...

Effective negative voltage: Effect negative voltage of get, when depend upon Pitch of voltage: the level of that results in id =0 ma is defined by eggs =vp with vp

Pins and signals , Pins  and Signals As  discussed  earlier that  808...

Pins  and Signals As  discussed  earlier that  8085  microprocessor  chip has 40 pins shown  various  pins  and signals of 8085  microprocessor. All  these  signals can be   c

Can you show the decimal to octal conversion, Q. Can you show the Decimal t...

Q. Can you show the Decimal to Octal Conversion? To convert decimal to octal is somewhat more difficult. The usual method to convert from decimal to octal is repeated division

Aggregate technical and commercial loss, Aggregate Technical and Commercial...

Aggregate Technical and Commercial Loss It is unfortunate in that addition to T&D losses, there is also a loss in revenue because of non-realisation of billed demand which lea

Network analysis software, Network analysis software: GIS with a socke...

Network analysis software: GIS with a socket for network analysis software (Sec. 11.4) and availability of load related data from AMR based meter data acquisition system will

Show advantages of oscillators, Q. Show Advantages of Oscillators? Alth...

Q. Show Advantages of Oscillators? Although oscillations can be produced by mechanical devices (e.g. alternators), but electronic oscillators have the following advantages:

Calculate the total charge on the integrator, Q. Consider the dual-slope A/...

Q. Consider the dual-slope A/D converter of Figure. (a) Calculate the total charge on the integrator due to the input voltage Vin during the signal integration time T. (b) Ob

Explain what is linker, Explain what is Linker? Linker: A huge progra...

Explain what is Linker? Linker: A huge program is divided in smaller programs termed as modules. A linker is a program that links smaller programs together to by a large prog

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