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Calculate the sales for month

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In a textile company that manufactures uniforms for health workers, it is necessary to know the sales projections for the next month; This is how your raw material requirements will be established. The history of sales in thousands of pesos that the company has in the last 8 months is as follows:

Month sales(thousand of pesos)

1 230

2 245

3 254

4 215

5 234

6 231

7 254

8 242

a. Calculate the sales for month 9 using the simple moving average method with k = 3.

b. Calculate the sales for month 9 with the simple average method.

c. Find the error of the moving average and the simple average.

d. It proposes a strategy for the purchase of raw material from the textile company.

Reference no: EM132951001

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