Imagine that you are managing a hotel with 120 rooms. In order to track the occupancy rates you use 6 weeks trailing period. You just received information that 102 out of 120 rooms were occupied on Wednesday (10/16/13). Using updated information on the occupancy rates and the occupancy rates for the last 6 Wednesdays in Table 1, calculate the rolling average for Wednesdays. Table 1 Date Occupancy O 64% O 57% 82% O 61% 09/04/13 09/11/13 09/18/13 09/25/13 10/02/13 10/09/13 42.5% 55% 60% 45% 62.5% 77.5%

Imagine that you are managing a hotel with 120 rooms. In order to track the occupancy rates you use 6 weeks trailing period. You just received information that 102 out of 120 rooms were occupied on Wednesday (10/16/13). Using updated information on the occupancy rates and the occupancy rates for the last 6 Wednesdays in Table 1, calculate the rolling average for Wednesdays. Table 1 Date Occupancy O 64% O 57% 82% O 61% 09/04/13 09/11/13 09/18/13 09/25/13 10/02/13 10/09/13 42.5% 55% 60% 45% 62.5% 77.5%

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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