Question: Use Delphi forecasting method to forecast the table fine. But most months we either have too many phones in inventory or we are out of

Use Delphi forecasting method to forecast the table

Use Delphi forecasting method to forecast the

fine. But most months we either have too many phones in inventory or we are out of stock. Neither situation is good." Handing Nkosinathi the table shown below. Siyabonga Zwane continues, "Here are our actual orders entered for the past 36 months. There are 144 phones per case. I was hoping that since you graduated recently from the Vaal University of Technology, you might have studied some techniques that would help us plan better. It has been awhile since I was in university-I think I forgot most of the details I leaned then. I would like you to analyse these data and give me an idea of what our business will look like over the next 6 to 11 months. Do you think you can handle this?" "Of course." Nkosinathi replies, sounding more confident than he really is. 'How much time do I have?" "I need your report on the Monday before Easter Holidays that would be April 11th I plan to take it home with me and read it during the holiday. Since I am sure you will not be around during the holiday, be sure that you explain things carefully so that I can understand your recommendation without having to ask you any more questions. Since you are new to the company, you should know that I like to see all the details and complete justification for recommendations from my staff." With that, Nkosinathi was dismissed. Arriving back at his office, he began his analysis. TABLE 1-Orders received by month. Demand Period Month Demand Period Month Demand 480 1 Jan- 575 13. Jan- 608 2020 2021 436 2 Feb- 527 14 Feb- 597 2020 2021 482 Mar- 540 15 Mar- 612 2020 2021 448 Apr- 502 16 Apr- 603 2020 2021 458 May- 508 17 May- 628 2020 2021 Month Jan- 2019 Feb- 2019 Mar- 2019 Apr- 2019 May- 2019 Jun- 2019 489 Jul-2019 498 Aug- 430 2019 Sep- 444 2019 Oct- 496 2019 Nov- 487 2019 Dec- 525 2019 3 4 5 6 7 8 9 10 11 12 Jun- 2020 Jul-2020 Aug- 2020 Sep- 2020 Oct- 2020 Nov- 2020 Dec- 2020 573 508 498 485 526 552 587 18 19 20 21 22 23 24 Period 25 26 27 26 29 Jun- 2021 Jul-2021 Aug- 2021 Sep- 2021 Oct- 2021 Nov- 2021 Dec- 2021 605 627 578 585 581 632 656

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