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La Villa is a ski resort in the Italian Alps. Many guests visit the town, however, most of them come in the winter season because
La Villa is a ski resort in the Italian Alps. Many guests visit the town, 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. Fill in the table below. Using a smoothing parameter of 0.30 and an initial forecast of 17,000, forecast demand for the first four quarters in 2021. Note: Round Seasonal Index to 3 decimal places and all the other answers to 2 decimal places. Year Quarter Demand Quarter Season Average Seasonal Index Deaseasonalized Demand Smoothed Demand Forecast Re-seasonalized Forecast 1 21,400 1 202101 2 15,800 2 2021Q2 2018 3 14,500 3 2021Q3 4 19,400 4 202104 1 21,600 Overall 2 17,900 2019 3 16,400 4 19,400 1 24,500 2 11,900 2020 3 13,500 4 20,000
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