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Question 6: Forecasting material costs 1. Estimate the cost of the following materials for the next 6 months, based upon the previous 3 years data

Question 6: Forecasting material costs 1. Estimate the cost of the following materials for the next 6 months, based upon the previous 3 years data (1) Cotton (2) Gasoline 2. What is the cost today of a basic delivery van? Estimate the cost of that same delivery van one year from now. Question 6: Forecasting material costs 1. Estimate the cost of the following materials for the next 6 months, based upon the previous 3 years data (1) Cotton (2) Gasoline 2. What is the cost today of a basic delivery van? Estimate the cost of that same delivery van one year from now

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