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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