Given the following data on hotel check-ins for a 6-month period:
July: $\quad 70$ rooms
August: $\quad 105$ rooms
September: 90 rooms
October: $\quad 120$ rooms
November: 110 rooms
December: 115 rooms
-Using the exponential smoothing factor 0.3, how many check-ins can be forecasted for January? Assume the forecast for December was 122 rooms.

Question

Given the following data on hotel check-ins for a 6-month period:
 July: $\quad 70$ rooms
August: $\quad 105$ rooms
September: 90 rooms
October: $\quad 120$ rooms
November: 110 rooms
December: 115 rooms
-Using the exponential smoothing factor 0.3, how many check-ins can be forecasted for January? Assume the forecast for December was 122 rooms.

Quizplus · Accepted Answer

The Answer of Given the following data on hotel check-ins for a 6-month period:
 July: $\quad 70$ rooms
August: $\quad 105$ rooms
September: 90 rooms
October: $\quad 120$ rooms
November: 110 rooms
December: 115 rooms
-Using the exponential smoothing factor 0.3, how many check-ins can be forecasted for January? Assume the forecast for December was 122 rooms.

Given the Following Data on Hotel Check-Ins for a 6-Month 70\quad 7070

Given the Following Data on Hotel Check-Ins for a 6-Month $\quad 70$