Bulan Bintang was founded in 2016 with the goal of providing a minimalist design traditional wear...

 

Transcribed Image Text:

Bulan Bintang was founded in 2016 with the goal of providing a minimalist design traditional wear while maintaining its signature and traditionality. The actual demand data for Baju Melayu Tailored Fit was gathered and recorded in Table Q2. Evaluate the given information and suggest the forecast for month of November using the following different methods: (a) Naive. (b) (c) (d) (1 mark) (2 marks) 4-period weighted moving average with weightage value of 0.45, 0.3 and 0.15 (highest value for the most recent period). It is a common understanding that the summation of weight factors shall equal to 1. (2 marks) Exponential smoothing with a = 0.25+0.35. Assume the forecast for August is same quantity with actual demand of July. 5-period simple moving average. (5 marks) Month Week 1 Week 2 Week 3 Week 4 Table Q2: Actual Demand Data for Baju Melayu Tailored Fit Feb Mar April May June July Aug Sept 18 13 19 30 35 28 29 32 20 23 26 42 42 38 40 25 17 16 18 12 30 25 40 30 30 50 30 20 15 25 16 30 Oct 40 30 19 50 Bulan Bintang was founded in 2016 with the goal of providing a minimalist design traditional wear while maintaining its signature and traditionality. The actual demand data for Baju Melayu Tailored Fit was gathered and recorded in Table Q2. Evaluate the given information and suggest the forecast for month of November using the following different methods: (a) Naive. (b) (c) (d) (1 mark) (2 marks) 4-period weighted moving average with weightage value of 0.45, 0.3 and 0.15 (highest value for the most recent period). It is a common understanding that the summation of weight factors shall equal to 1. (2 marks) Exponential smoothing with a = 0.25+0.35. Assume the forecast for August is same quantity with actual demand of July. 5-period simple moving average. (5 marks) Month Week 1 Week 2 Week 3 Week 4 Table Q2: Actual Demand Data for Baju Melayu Tailored Fit Feb Mar April May June July Aug Sept 18 13 19 30 35 28 29 32 20 23 26 42 42 38 40 25 17 16 18 12 30 25 40 30 30 50 30 20 15 25 16 30 Oct 40 30 19 50