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Your company is attempting to predict demand for product X for each of the quarters for 2018. The company has the following historical demand data for product X (units sold) Quarter Year 1 2 3 4 2017

Your company is attempting to predict demand for product X for each of the quarters for 2018. The company has the following historical demand data for product X (units sold) Quarter Year 1 2 3 4 2017 170 2013 122 141 149 128 2014 134 156 165 140 2015 148 172 2016 163 190 202 172 182 155 In 2018 the company is releasing a new version of product X New versions of product X have occurred 3 times and the results are as follows: Year New Version was Released Results 2003 17% increase over forecasted 2003 demand 2008 15% increase over forecasted 2008 demand 2013 12% increase over forecasted 2013 demand What is your forecast for the demand for Product X in each of the 2018 quarters? Clearly delineate how you arrived upon your forecasts.

Apr 14 2021 View more View Less

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