Forecasting the sales of aromatic dwarf coconut : a case study at Hutan Melintang, Perak / Siti NorSuhada Abdul Razak

Abdul Razak, Siti NorSuhada (2021) Forecasting the sales of aromatic dwarf coconut : a case study at Hutan Melintang, Perak / Siti NorSuhada Abdul Razak. [Student Project] (Unpublished)

Abstract

Aromatic Dwarf Coconut is a Compact Dwarf coconut with a short, thick stem and a wide leaflet. It is very popular planted in Malaysia, especially in Hutan Melintang, Perak. Leaders still follow accounting techiques, instinct, and try and error assumption that makes the prediction goes wrong. Hence, the company will face bad circumstances such as shortages, and bankruptcy. Aromatic Dwarf Coconut revenues were derived from Jabatan Pertanian Teluk Bharu, Hutan Melintang, Perak from the year 2015 to the year 2019. It shows that the sales of Aromatic Dwarf Coconut increased every month, every year. Secondary data was used to achieve the main objective of this study, which is to determine the best method between the Artificial Neural Network and Linear Algebra. This study also includes two sub-objectives to predict the sales of Aromatic Dwarf Coconut for both methods and to measure the error using Mean Square Error for each method. As a result, the Artificial Neural Network is the best method. This can be demonstrated by having the lowest Mean Square Error (MSE) which is 566,829.2575 more accurate than the Linear Algebra, 2,051,909.21. The best forecast sales using ANN are RM30517.19 in January, RM30338.36 in February, RM30678.25 in March, RM31207.43 in April, RM32505.06 in May, RM32914.33 in June, RM32874.70 in July, RM31605.42 in August, RM30179.15 in September, RM29585.53 in October, RM29992.47 in November and lastly in December is RM31722.47.

Metadata

Item Type: Student Project
Creators:
Creators
Email / ID Num.
Abdul Razak, Siti NorSuhada
2017307435
Subjects: Q Science > QA Mathematics > Analysis
Q Science > QA Mathematics > Instruments and machines > Electronic Computers. Computer Science > Neural networks (Computer science)
Divisions: Universiti Teknologi MARA, Perlis > Arau Campus > Faculty of Computer and Mathematical Sciences
Programme: Management Mathematics
Keywords: Forecasting ; ANN ; Linear Algebra ; MSE
Date: 8 April 2021
URI: https://ir.uitm.edu.my/id/eprint/45046
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