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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
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 trend-adjusted simple exponential smoothing with =0.5 and =0.3. Assume that the forecast for Week 2 (F2) is 220 and the trend factor for Week 2 is T2=0.
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 trend-adjusted simple exponential smoothing with a=0.5 and B=0.3. Assume that the forecast for Week 2 (F2) is 220 and the trend factor for Week 2 is T2 = 0. Week 1 1 194 2 220 3 232 4 248 5 256 6 270 7 274 8 293 Number of Guests Enter your answer as an integer The forecasted number of guests for January 2015 isStep by Step Solution
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