Question: For the demand data below, use time series decomposition to make a forecast for the four quarters of 2 0 2 3 . Use the

For the demand data below, use time series decomposition to make a forecast for the four quarters of
2023. Use the multiplicative model. You should use the Least Squares Regression discussed in class. Write
clearly everysteps of your forecasting, as partial points will be given. (5pts)(1pt for seasonal factor, 1pt for
deseasonalized demand, 2 pts for linear regression output, 1pt for final forecast)
Year Season t
Demand
(in 1000)
2021 Spring 1205
Summer 2140
Fall 3375
Winter 4575
2022 Spring 5475
Summer 6275
Fall 7685
Winter 8965

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