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The Evergreen Hotel, a 200-room lodging facility, uses regression analysis to forecast dining room meals....

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Accounting

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The Evergreen Hotel, a 200-room lodging facility, uses regression analysis to forecast dining room meals. Larry Spruce, the manager, has indicated the regression equations used are as follows: y=50+.42x(breakfast)y=200+.21x(lunch)y=450+.35x(dinner) where y equals forecasted meals x equals the number of hotel guests Further, the average check in the hotel's dining room is expected to be as follows: Required: Forecast daily sales by meal period when the occupancy percentage is expected to be 85 percent (all rooms are available for sale) and the average occupancy per room is expected to be 1.58 . The Evergreen Hotel, a 200-room lodging facility, uses regression analysis to forecast dining room meals. Larry Spruce, the manager, has indicated the regression equations used are as follows: y=50+.42x(breakfast)y=200+.21x(lunch)y=450+.35x(dinner) where y equals forecasted meals x equals the number of hotel guests Further, the average check in the hotel's dining room is expected to be as follows: Required: Forecast daily sales by meal period when the occupancy percentage is expected to be 85 percent (all rooms are available for sale) and the average occupancy per room is expected to be 1.58

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