Question: Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown in the following table: Year Registrations (000) 1

Data collected on the yearly registrations for a

Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown in the following table: Year Registrations (000) 1 4.0 2 7.0 3 4.0 5 11.0 6 7.0 7 8.0 8 9.0 9 13.0 10 16.0 11 12.0 5.0 This exercise contains only parts a and b. a) Using a 3-year moving average, the forecasted registrations (in thousands) for years 4 through 12 are (round your responses to one decimal place): 4 8 10 11 Year Forecast 5 5.2 7 7.7 9 8 12 13.7 5 6.7 8.7 10 12.7 b) Using a 3-year weighted moving average in which the registrations in the most recent year are given a weight of 2, and registrations in the other 2 years are each given a weight of 1. the forecasted registrations (in thousands) for years 4 through 12 are (round your responses to one decimal place): 5 Year 6 7 9 8 9 10 11 12 Forecast U 4

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Bug-Off Exterminators provides pest control services and sells extermination products manufactured by other companies. The following six-column table contains the company's unadjusted trial balance...

ROGERS LTE 10:05 PM 58% Operations Management Sust... age. c) Calculate the mean absolute percent error for the two-day mov- ing average. PX 4.9 Dell uses the CR5 chip in some of its laptop...

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) 3.0 7.0 4.0 6.0 11.0 7.0...

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) 5.0 7.0 3.0 4.0 9.0 8.0...

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) 4.0 6.0 4.0 5.0 10.0 8.0...

Question 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) 4 6 4 5 10 8 7...

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) 5.0 7.0 3.0 5.0 9.0 7.0...

Hi, I sent in this question and I got part a right but part b wrong. Please let me know the correct answer 4x Problem 4.10 ab A Question Help Data collected on the yearly registrations for a Six...

Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown in the following table: 5 8 1 5.0 2 7.0 4 5.0 6 7.0 5.0 9 13.0 10 14.0 11 12.0 Year 3 7...

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: 4 6 4 5 10 8 7 9 12 14 15 use...

Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown in the following table: Year Registrations (000) 5 0 7.0 4.0 5.0 5 9.0 6 8.0 7 6.0 8 g 10 11 100 11...

In early 2013 Realty Trac reported that foreclosures had settled down to 1 in 859 homes per month for a rate of 0.116%, far below the 1.6% seen during the financial crisis of 2007-2008. Suppose a...

1. We are going to implement a class for the maximum binary heaps based on integer arrays. You need to define a class for the heaps such that it has only one member variable which is the reference to...

Retained earnings were $120,000 at the beginning of the year and $160,000 at the end of the year. Net income for the current year was $100,000. Calculate the dividends paid and explain why they are...

atch the compensation objectives with their meanings. Efficiency Efficiency drop zone empty. Fairness Fairness drop zone empty. Compliance Compliance drop zone empty. Improving performance and...