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Determine the forecast of next year’s quarterly sales revenue for this line of laptops. Show all your workings.

Determine the forecast of next year’s quarterly sales revenue for this line of laptops. Show all your workings.

Practical Management Science
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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QUESTION 2:
The manager of YTL Computers wants to develop next year’s quarterly forecasts of sales
revenue for its brand laptops. The sales are seasonal and the company believes that the
following most recent eight quarters of sales should be representative of next year’s
sales:

Year

Quarter

Sales (millions of dollars)

1

1

9.2

1

2

5.4

1

3

4.3

1

4

14.1

2

1

10.3

2

2

6.4

2

3

5.4

2

4

16.0

Determine the forecast of next year’s quarterly sales revenue for this line of laptops.
Show all your workings.

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