La Villa is a ski resort in the Italian Alps. Many guests visit the town,...
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Accounting
La Villa is a ski resort in the Italian Alps. Many guests visit the town, however, most of them come in the winter season because of the phenomenal skilng. A group of hotels has analyzed their demand for the last three years. Fill in the table below. Using a smoothing parameter of 0.25 and an initial forecast of 17000.00, forecast demand for the first four quarters in 2015, Re-seasonalized Forecast (Round Seasonal Index to 3 decimal places and all the other answers to 2 decimal places) Year Qtr Demand Quarter Season Seasonal Deaseasonalized Smoothed Average Index Demand Forecast Demand 2012 1 22.200 1 201501 2 14,800 2 201502 3 13.700 3 201503 4 19.600 4 201504 20131 21000 Overall 2 16,300 3 16.300 18.800 2014 1 22.500 2 11.900 3 13.700 19.500 4 4
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