Moving average is the forecasting model that Blue Red utilizes for its room revenue projections The operational data for the weekdays of a certain week is given below Weekdays of Rooms Available Occ ADR Day 1 300 55 00 $102 10 Day 2 300 67 00 $108 34 Day 3 300 59 00 $110 12 Day 4 300 81 00 $114 43 Day 5 300 86 00 $121 67 Calculate the room revenue for day 6 and 7 RESPECTIVELY for Blue Red Inn by implementing three day moving average forecasting model

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Question: Moving average is the forecasting model that Blue & Red utilizes for its room revenue projections. The operational data for the weekdays of a certain

Moving average is the forecasting model that Blue & Red utilizes for its room revenue projections. The operational data for the weekdays of a certain week is given below:

Weekdays	# of Rooms Available	Occ. %	ADR
Day #1	300	55.00	$102.10
Day #2	300	67.00	$108.34
Day #3	300	59.00	$110.12
Day #4	300	81.00	$114.43
Day #5	300	86.00	$121.67

Calculate the room revenue for day #6 and #7 RESPECTIVELY for Blue & Red Inn by implementing three-day moving average forecasting model.

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