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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

 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.

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The demand for the four quarters in 2022 can be forecasted as follows 18000 02 149... blur-text-image

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