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. Group of answer choices $25,814.30 dor day #6 and $24,712.40 for day #7 $21,711.18 dor day #6 and $26,588.70 for day #7 $26,229.53 dor day #6 and $28,475.63 for day #7 $27,400.50 dor day #6 and $28,000.16 for day #7

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