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

3.00

6.00

9.00

7.00

8.00

10.00

13.00

16.00

17.00

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

4.00

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)

4.00

4.34.3

4.54.5

4.14.1

4.64.6

6.06.0

6.36.3

6.86.8

7.87.8

9.39.3

11.311.3

13.013.0

Part 3

b) Mean absolute deviation based on the forecast developed using the exponential smoothing method (with a smoothing constant

()

=

0.30

and a starting forecast of

F1

=

4.00)

is

enter your response here

registrations (round your response to one decimal place).

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