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Forecastings

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Given the following data on hotel check-ins for a 6-month period:
July: 45 rooms
August: 36 rooms
September: 52 rooms
October: 48 rooms
November: 56 rooms
December: 60 rooms
With alpha = 0.2 and beta = 0.1, what is the adjusted exponentially smoothed forecast for September?
Put your answer in the form xx.xx with no additional symbols or numbers.

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Solution Summary

Given the following data on hotel check-ins for a 6-month period. Put your answer in the form xx.xx with no additional symbols or numbers.

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