Question: Question (2): Answer the following problem: (14 marks) Last year, Sony corporations Bahrain sold 15,000 smart TVs. The average quarterly sales for the past and

Question (2): Answer the following problem: (14

Question (2): Answer the following problem: (14 marks) Last year, Sony corporations Bahrain sold 15,000 smart TVs. The average quarterly sales for the past and current years are given in the table below. Compute the quarterly index of last year sale. Compute the quarterly forecast for next year's sales if the total number of smart TVs production 18 000 units. Index Index current year Average seasonal index Forecast of next year Quarter Last year Units sold Spring 4000 Summer 3500 Fall 5500 Winter 2000 Average 3750 Total 15 000 4400 3850 6050 2200 4125 4500 18 000

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