Question
La Villa is a ski resort in the Italian Alps. Many guests visit the town, however, most of them come in the winter season because]
La Villa is a ski resort in the Italian Alps. Many guests visit the town, however, most of them come in the winter season because] of the phenomenal skiing. A group of hotels has analyzed their demand for the last three years. Fill in the table below. Using a smoothing parameter of 020 and an initial forecast of 1700000, forecast demand for the first four quarters in 2015.
Season Seasonal Year Qtr Demand Quarter 21,900 14,100 14,500 18,100 21,600 16,800 16,900 18,700 24,200 12,400 13,900 19,900 Deaseasonalized Demand Demand Smoothed Re-seasonalized Forecast Average Index Forecast 2015Q1 2015Q2 2012 1 2015Q3 2015Q4 3 2013 1 Overall 4 2014
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Introduction to Management Science
Authors: Bernard W. Taylor
11th Edition
132751917, 978-0132751919
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