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Attendance at Orlandos newest Disney - like attraction, Minecraft World, has been as follows: QUARTER GUESTS ( IN THOUSANDS ) QUARTER GUESTS ( IN THOUSANDS
Attendance at Orlandos newest Disneylike attraction, Minecraft World, has been as follows:
QUARTER
GUESTS IN THOUSANDS
QUARTER
GUESTS IN THOUSANDS
Winter
Summer
Spring
Fall
Summer
Winter
Fall
Spring
Winter
Summer
Spring
Fall
Compute the seasonal indexes
Which quarter has the largest change in the number of guests?
Use the Nave method to forecast the number of guests for the Winter of
Use quarter moving average to forecast the number of guests for the Winter of
Use exponential smoothing model to forecast the number of guests for the Winter of Assume a smoothing constant of
Use the trend projection model to forecast the number of guests for the Winter of
Compare the three forecast methods you have used and recommend the forecast for Winter of
Discuss the trend projection model for this problem.
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