Question
Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown in the following table: Year 1 2 3
Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown in the following table:
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 |
| Registrations (000) | 5.00 | 5.00 | 5.00 | 6.00 | 9.00 | 7.00 | 6.00 | 9.00 | 11.00 | 14.00 | 17.00 |
a) Calculate the forecasted registrations for years 2 through 12 using exponential smoothing, with a smoothing constant () of 0.35 and a starting forecast of 5.00 for year 1 (round your responses to one decimal place):
| Year | 1 | 2 | 3 | 4 | 5 | 6 | 7 | 8 | 9 | 10 | 11 | 12 |
| Forecast (000) | 5.00 |
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Calculus
Authors: Dale Varberg, Edwin J. Purcell, Steven E. Rigdon
9th edition
131429248, 978-0131429246
