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The chairperson of the department of management at Tech wants to forecast the number of students who will enroll in operations management next semester in
The chairperson of the department of management at Tech wants to forecast the number of students who will enroll in operations management next semester in order to determine how many sections to schedule. The chair has accumulated the following enrollment data for the past 15 semesters:
Using Exponential Smoothing with ( = 0.6) compute the forecasted number of student for semester 16
Semester | Students Enrolled in OM |
1 | 270 |
2 | 310 |
3 | 250 |
4 | 290 |
5 | 370 |
6 | 410 |
7 | 410 |
8 | 450 |
9 | 440 |
10 | 470 |
11 | 525 |
12 | 515 |
13 | 538 |
14 | 544 |
15 | 504 |
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