Chapter 9 problem 3?

Aleidon Middle School forecasts its lunch meals using the exponential smoothing method discussed in this chapter. The recent results and forecasts have been as follows: Determine the smoothing constant. I Provide the forecast of lunch meals for Day 3. The Fir Hotel consists of 100 guestrooms and a 50-seat coffee shop. The average room rate is as follows: The monthly paid occupancy for April is forecasted at 70 percent. The single and double occupancies are forecasted to be 30 and 50 percent, respectively. The remainder of the rooms sold will be king suites. The coffee shop is open for three meals each day and the average seat turnover and average check by meal period is as follows: In addition, other revenues average 5 percent of total revenue. Calculate the forecasted room revenues for April. Calculate the forecasted food revenues for April. Calculate the other revenue for April