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Assume that your company uses the following model to forecast lunch meals in your hotel restaurant. Y = 300+.7X Where Y = Forecasted lunch

  

Assume that your company uses the following model to forecast lunch meals in your hotel restaurant. Y = 300+.7X Where Y = Forecasted lunch meals in December X= The number of hotel guests in December Your hotel has 700 rooms and your anticipated occupancy for December is 80%. If you forecast 1.5 guests per room, how many lunch meals do you anticipate selling in December?

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To calculate the number of lunch meals anticipated to be sold in December we first need to find the number of hotel guests expected for that month Giv... blur-text-image

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