Question: Based on the following data, develop a forecast for the expected demand for Year 2. Assume the demand for year two will be 130,000 units.

Based on the following data, develop a forecast for the expected demand for Year 2. Assume the demand for year two will be 130,000 units. This is a seasonal demand forecast. You may illustrate this in tables if you wish, but show your calculation within the table. Round to two decimal places in your calculations Year 1 Quarter 1 Quarter 2 Quarter 3 Quarter 4 Past Sales (Units) 28,000 36,400 28,600 27,850 Given the following data, use a three-quarter moving average to forecast the demand for the third quarter of this year. Oct Nov Dec Jan 260 Feb 280 Mar Apr 275 320 265 370 May Jun 315 345 Jul 275 Aug 290 Sep 280 345 368 Last Year This year 388 270 275 325 345

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