Bear Creek Ski Resort in Vail, Colorado, had the following guest occupancy for the 8 weeks of

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Bear Creek Ski Resort in Vail, Colorado, had the following guest occupancy for the 8 weeks of November and December of 2014. Forecast the number of guests for January 2015 using trendadjusted simple exponential smoothing with α = 0.5 and β = 0.3. Assume that the forecast for week 2 (F2) is 220 and the trend factor for month 2 is T2= 0:

Week 6. 1 220 248 256 274 290 Number of Guests 194 232 270

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Operations Management Managing Global Supply Chains

ISBN: 978-1506302935

1st edition

Authors: Ray R. Venkataraman, Jeffrey K. Pinto

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