Question: 6. Using 3-month weighted moving average, make a forecast on the gross sales of a 5-star hotel: (Use the weights: 1-2-3) Month (Year2020) Forecast in

6. Using 3-month weighted moving average, make a forecast on the gross sales of a 5-star hotel: (Use the weights: 1-2-3) Month (Year2020) Forecast in Million Pesos Gross Sales (in Million Pesos) 2.3 January February March April May June July August September October ? ? ? ? 2.4 3.5 22 3.0 22
Step by Step Solution
There are 3 Steps involved in it
1 Expert Approved Answer
Step: 1 Unlock
Question Has Been Solved by an Expert!
Get step-by-step solutions from verified subject matter experts
Step: 2 Unlock
Step: 3 Unlock
