Mt. Bear is a ski resort in California. Many guests visit there; 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 (see the table below).

Year	Quarter	Demand
2019	1	18,000
	2	14,900
	3	13,700
	4	19,100
2020	1	20,700
	2	17,000
	3	16,500
	4	19,100
2021	1	20,700
	2	12,100
	3	13,200
	4	22,400

Using a smoothing parameter of 0.2 and an initial forecast of 17,500, forecast demand for the four quarters in 2022. can you please show steps because this is super confusing to me.

Answer rating: 100% (QA)

The demand for the four quarters in 2022 can be forecasted as follows 18000 02 149... View the full answer