Question: Seasonal Problem (Forecast Chapter) (2 points) Note: Any wrong answer will deduct one point of your question grade) You work for BMW Jeddah in the

Seasonal Problem (Forecast Chapter) (2 points)

Seasonal Problem (Forecast Chapter) (2 points) Note: Any wrong answer will deduct one point of your question grade) You work for BMW Jeddah in the planning department Your manager asked you to make the forecast for the year 2020. He gave you the below sales data for BMW X5 in each quarter. If the company is expected to increase its total sales in 2020 by 20% (based on the year 2019). Please find the forecasted demand in each quarter considering the seasonal effect. Quarter 2018 2019 2020 Actual Sales Actual Sales Forecasted Demand Quarter 1 10,000 12,000 Quarter 2 12,000 14,000 Quarter 3 20,000 22,000 Quarter 4 10,000 12,000

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