A hotel demand for Quarter one is 21,900, Quarter two 14,700, Quarter three 13,600 and Quarter four 19,800. Compute the season average, seasonal index, deaseasonalized demand, smoothed demand and re-seasonalized demand. Smoothing parameter is 0.20 and initial forecast is 17,000.
A hotel demand for Quarter one is 21,900, Quarter two 14,700, Quarter three 13,600 and Quarter four 19,800. Compute the season average, seasonal index, deaseasonalized demand, smoothed demand and re-seasonalized demand. Smoothing parameter is 0.20 and initial forecast is 17,000.
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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A hotel demand for Quarter one is 21,900, Quarter two 14,700, Quarter three 13,600 and Quarter four 19,800. Compute the season average, seasonal index, deaseasonalized demand, smoothed demand and re-seasonalized demand. Smoothing parameter is 0.20 and initial
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