Question: Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown in the following table: 1 3 4 5

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: 1 3 4 5 6 Year Registrations (000) 2 6.00 7 8 9 10 11 6.00 11.00 12.00 12.00 15.00 4.00 3.00 6.00 11.00 8.00 a) Calculate the forecasted registrations for years 2 through 12 using exponential smoothing, with a smoothing constant (a) of 0.40 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 4.33

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!

data collected on the yearly Registrations for a six sigma seminar at the quality college are shown in the following table: QUE Problem 4.11 Dute colinded on the yearly for a seminar at the Only...

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...

Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown in the following table: (a) Develop a 3-year moving average to forecast registrations from year 4...

(a) Use exponential smoothing with a smoothing constant of 0.3 to forecast the registrations at the seminar given in Problem 4.10. To begin the procedure, assume that the forecast for year 1 was...

Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown in the following table 10 11 120 170 40 Year 1 2 3 4 5 6 7. 3 9 Registrations (000) 50 50 50 9.0 70...

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 9 12 14 15...

Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown in the following table: 6 7 8 9 10 11 Year 1 2 3 4 5 45 10 8 79 12 14 15 Registrations 4 6. (000)...

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 5.0 4.0 5.0 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: a) Develop a 3-year moving average to forecast registrations from year 4 to...

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 1 0 1 1 Registrations ( 0 0 0 ) 4 . 0 7 . 0 3 . 0 4...

The windchill temperature Twc is the perceived air temperature felt by the body on exposed skin due to the flow of air. For temperatures below 50F and wind speed higher than 3 mph, it is calculated...

11. An elective project is currently under review. The first alternative requires an initial investment of $60.000 for equipment. The annual revenues and expenses are expected to be $36,000 and...

2. Which of the elements has a combination of metallic and non-metallic properties? (a) argon (b) boron (c) oxygen (d) sodium

Case Greenbuilders Pte Lid ("GPL") is a local construction company which specialises in providing bespoke Design and Build construction services for private residential homes that are designed to be...