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Homework:HW 4.1: Forecasting Question 8, Problem 4.11 Part 1 of 2 HW Score: 42.86%, 6 of 14 points Points: 0 of 1 Save Question list

Homework:HW 4.1: Forecasting

Question 8, Problem 4.11

Part 1 of 2

HW Score: 42.86%, 6 of 14 points

Points: 0 of 1

Save

Question list

  • Question 1
  • Question 2
  • Question 3
  • Question 4
  • Question 5
  • Question 6
  • Question 7
  • Question 8
  • Question 9
  • Question 10
  • Question 11
  • Question 12
  • Question 13
  • Question 14

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Part 1

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)

3.00

7.00

5.00

4.00

11.00

8.00

8.00

10.00

12.00

16.00

15.00

Part 2

a) Calculate the forecasted registrations for years 2 through 12 using exponential smoothing, with a smoothing constant

()

of

0.30

and a starting forecast of

6.00

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)

6.00

enter your response here

enter your response here

enter your response here

enter your response here

enter your response here

enter your response here

enter your response here

enter your response here

enter your response here

enter your response here

enter your response here

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