IN THE MID-1960S, WALT DISNEY’S DREAM was to build a family resort destination like no other. The dream became a reality when Walt Disney World Resort opened in 1971, featuring Magic Kingdom as the centerpiece. Today, millions of guests visit the Walt Disney World Resort each year to experience the world-class theme parks and hotels. Analytics feature prominently in the operations of Walt Disney World. 1. Explain using illustrations how forecasting features in this company’s operations. 2. Explain at least four methods of forecasting that can be used for Disney’s purpose.

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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IN THE MID-1960S, WALT DISNEY’S DREAM was to build a family resort destination like no other. The
dream became a reality when Walt Disney World Resort opened in 1971, featuring Magic Kingdom as
the centerpiece. Today, millions of guests visit the Walt Disney World Resort each year to experience the
world-class theme parks and hotels. Analytics feature prominently in the operations of Walt Disney
World.


1. Explain using illustrations how forecasting features in this company’s operations.
2. Explain at least four methods of forecasting that can be used for Disney’s purpose. 

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