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The Sample Hotel uses the simplest time series approach for forecasting monthly revenues. The current year's revenues by department are multiplied by 1+x percent to
The Sample Hotel uses the simplest time series approach for forecasting monthly revenues. The current year's revenues by department are multiplied by 1+x percent to forecast the next year's revenues. The current year's department revenues for January and percentage increases for the coming year are provided below. Q: Calculate monthly forecasted revenues by department below
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