What is the exponential smoothing forecast for January if alpha is 0.65 and the forecast for July is 70 room?

profiletutor4helpyou
 (Not rated)
 (Not rated)
Chat

What is the exponential smoothing forecast for January if alpha is 0.65 and the forecast for July is 70 room?


Given the following data on hotel check-in for a 6-month period:
July: 70 rooms
August: 105 rooms
September: 90 rooms
October: 120 rooms
November: 110 rooms
December" 115 rooms
(32) What is the 3-month moving average forecast for January?
(33)What is the exponential smoothing forecast for January if alpha is 0.65 and the forecast for July is 70 rooms?

    • 7 years ago
    What is the exponential smoothing forecast for January if alpha is 0.65 and the forecast for July is 70 room?
    NOT RATED

    Purchase the answer to view it

    blurred-text
    • attachment
      answer.docx
    • attachment
      data.xlsx