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Estimate the cost of the following materials for the next 6 months, based upon the previous 3 years data: (1) Cotton (2) Gasoline Cotton Month
Estimate the cost of the following materials for the next 6 months, based upon the previous 3 years data: (1) Cotton (2) Gasoline
Cotton Month Price Change Month Price Change Month Price Change 1.69 -2.87% 1.79 -1.65% Feb-20 1.85 3.35% 1.92 3.78% Mar-20 1.49 -11.83% 1.4 -6.04% Feb-18 1.95 -2.99% Feb-19 Mar-18 2.03 4.10% Mar-19 Apr-18 2.03 0.00% Apr-19 May-18 2.08 2.46% May-19 2.15 3.37% Jun-19 2.12 -1.40% Jul-19 1.45 3.57% Apr-20 1.77 -7.81% May-20 1.71 -3.39% Jun-20 1.67 -2.34% Jul-20 Jun-18 1.49 2.76% Jul-18 1.51 1.34% 1.56 -6.59% 1.54 1.99% Aug-18 2.08 -1.89% Aug-19 Sep-18 1.99 -4.33% Sep-19 1.56 1.30% Oct-18 1.91 -4.02% Oct-19 1.65 5.77% Nov-18 1.91 0.00% Nov-19 1.71 3.64% Dec-18 -0.52% Dec-19 1.79 4.68% 1.9 1.82 -4.21% Jan-20 Jan-19 1.92 7.26% Aug-20 1.57 0.64% Sep-20 1.63 3.82% Oct-20 1.65 1.23% Nov-20 1.67 1.21% Dec-20 1.74 4.19% Jan-21
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To estimate the cost of cotton and gasoline for the next 6 months we can analyze the price changes over the previous 3 years and make projections based on the historical data Lets start with cotton Co...Get Instant Access to Expert-Tailored Solutions
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