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 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 years sales if the total number of smart TVs production 18 000 units.

Quarter

Last year Units sold

Index

current year

Index

Average seasonal index

Forecast of next year

Spring

4000

4400

Summer

3500

3850

Fall

5500

6050

Winter

2000

2200

Average

3750

4125

4500

Total

15 000

18 000

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