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This document compares two approaches - Holt Winters Method and Decision Tree Method - for forecasting demand and determining optimal room allocation strategies. The Holt Winters Method generates long-term and short-term forecasts using historical demand data, while the Decision Tree Method calculates probability scores for different scenarios considering external factors and constraints to identify the strategy with the highest expected monetary value. While the Holt Winters Method is simpler, the Decision

Author

Riddhi Pratim Chatterjee

Language

EN