You have just got the great consulting assignment of helping the Hotel Brit in Palma Mallorca with managing resource allocation. Currently the hotel is using a dart board to predict tourist traffic on the island. These estimations are then used to schedule employees, book bands, buy lobsters, make haggis (some of these activities take up to 3 months lead time), etc. Hotel Brit is very popular with tourists but has major competitors. The Brit generally manages to get a fair share of the tourists. The monthly passengers through the Palma de Mallorca airport (Mallorca) are collected for the time period from January 1994 through December 2005. Choose the appropriate technique to predict the number of tourists that will be visiting the island.

Regression analysis

Forecasting / time series analysis

None of the above

Linear programming model