代写IFB106TC, Demand Forecasting and Management 2024代写C/C++语言

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IFB106TC, Demand Forecasting and Management

Assessment tasks:

1.  We discussed several qualitative forecasting methods in the module. Give an example by use  of the Delphi qualitative forecasting method, and state why you have to use the Delphi method. (no more than 200 words)   (20 points)

2.  Many companies provide stock market information on websites or apps, and also you can get other information from these websites or apps, like the 5-day average, 10-day average for a particular stock or an index. Do you think the moving average method is appropriate for this situation? State the reasons for your answers. (no more than 200 words)   (20 points)

3.  Assume a company has four suppliers to supply the company’s demand for its raw materials. Table 1 shows the monthly capacity of the four suppliers to produce units of raw materials demanded by the company.

Table 1: number of units of raw materials supplied by A, B, C, D to meet demand of the company.

Month

Supplier A

Supplier B

Supplier C

Supplier D

2021-01

77

564

1610

4999

2021-02

84

514

1022

4452

2021-03

123

615

1719

2625

2021-04

109

593

1404

3338

2021-05

117

620

1755

3566

2021-06

174

649

1680

2934

2021-07

131

718

1431

2089

2021-08

121

675

1425

1839

2021-09

206

523

1711

1534

2021-10

197

648

1626

1668

2021-11

238

565

1669

1399

2021-12

285

636

1323

1425

2022-01

293

724

1188

757

2022-02

334

712

1032

1113

2022-03

461

596

1056

563

2022-04

303

734

1275

651

2022-05

617

519

1697

664

2022-06

612

592

1273

461

2022-07

622

514

1691

542

2022-08

512

562

1686

324

2022-09

980

686

1657

383

2022-10

950

563

1725

238

2022-11

1123

660

1322

227

2022-12

1007

739

1763

159

2023-01

1574

749

1495

140

2023-02

1278

544

1305

162

2023-03

1327

702

1179

126

2023-04

1801

734

1155

101

2023-05

1599

698

1532

140

2023-06

2295

639

1173

84

2023-07

3312

746

1403

67

2023-08

2992

530

1325

74

2023-09

4076

600

1379

49

2023-10

3207

668

1603

53

2023-11

4616

664

1715

44

2023-12

6146

536

1093

56

Unfortunately, none of four suppliers give you access to their informantion to know how many units of raw materials they will produce in the upcoming months (note that we assume that we are in the first month of 2024 now).

Please use the information provided above to answer the following questions.

a.   First, find Mean and Standard Deviation for each one of four suppliers using excel software. Second, preper a time-series plot of supply data for each one of four suppliers using Excel.    (30 points)

b.   Analyse the trend of data for each of four suppliers. Does there appear to be additive or multiplative patterns in the data for any of suppliers? Explain. (no more than 200 words).     (30 points)





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