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Question 22 (10 points) Question 2 a. Distinguish between a push and a pull system [3 marks] b. Actual sales data for Bunny Rabbit
Question 22 (10 points) Question 2 a. Distinguish between a push and a pull system [3 marks] b. Actual sales data for Bunny Rabbit Batteries Australia were as follows, Month (year 2020) January Feb March April May June Actual Sales 360 389 410 381 368 374 c. Based on the actual sales date, forecast sales for July 2020 period using the following methods: i. Naive method (1mark) ii. A 3-month moving average. (1 mark) iii. A 3-month weighted moving average using weights for January to March consecutively 2, 2 and 3. (2 marks) iv. Exponential smoothing using alpha (a) =0.2 and a January forecast of 375. (3 marks)
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