Question: Based on the following data, develop a forecast for the expected demand for Year 2. Assume the demand for year two will be 86,000 units.

  1. Based on the following data, develop a forecast for the expected demand for Year 2. Assume the demand for year two will be 86,000 units. Please round to two decimal points in your answers. This is a seasonal demand forecast.

Year 1

Past Sales (Units)

Quarter 1

20,000

Quarter 2

26,000

Quarter 3

18,400

Quarter 4

19,800

Answer (You may illustrate this in tables if you wish, but show your calculation within the table)

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