Explore BrainMass

Explore BrainMass

    Forecasting Hotel Check-ins

    Not what you're looking for? Search our solutions OR ask your own Custom question.

    This content was COPIED from BrainMass.com - View the original, and get the already-completed solution here!

    Given the following data on hotel check-ins for a 6-month period:

    July: 10 rooms
    August: 15 rooms
    September: 12 rooms
    October: 20 rooms
    November: 18 rooms
    December: 24 rooms

    With alpha = 0.2, what is the simple exponential smoothing forecast for October?
    Put your answer in the form xx.x with no additional numbers or symbols

    © BrainMass Inc. brainmass.com March 4, 2021, 8:00 pm ad1c9bdddf

    Solution Summary

    The solution examines forecasting hotel check-ins.