Question: Case-3 Read the following case carefully and answer the given questions: Oman Flour Mills Company was established in 1977 and is a public limited company

Case-3 Read the following case carefully and

Case-3 Read the following case carefully and answer the given questions: Oman Flour Mills Company was established in 1977 and is a public limited company with 51% ownership held by Oman Foods Investment Holding Company SAOC. It was established as the first food manufacturing company in the Sultanate of Oman and is a market leader in flour products, bakery products, and animal feed. The general manager asked the sales manager to submit monthly sales After reviewing the sales manager's monthly report, the general manager called you, the sales supervisor for an emergency meeting to know the trend in sales. The following data on sales from June 2019 to April 2020 is given to you. Month June July Aug Sep Oct Nov Dec Jan Feb Mar April 800 890 815 809 915 975 970 980 1010 1030 900 Sales in (OMR *000) Based on the above scenario, you are required to answer the following questions: i) Compute three month moving average. (2 marks) ii) Forecast the sales for the month of May 2020 (2 marks) iii) If the actual demand for the month of May 2020 is OMR898,000 what should be the sales forecast for June 2020? (2 marks) iv) What will be the weighted moving average in the month of May 2020, if the weightage given to the demand for last three months were 0.5.0.3 and 0.2 respectively? (2marks)

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