Question: Enrollment in an online MHA program is rapidly increasing. The figures for the past six terms were: 350, 400, 480, 600, 640, and 700. (ii)

Enrollment in an online MHA program is rapidly increasing. The figures for the past six terms were: 350, 400, 480, 600, 640, and 700.

(ii) Using a forecast for the first month of 300, an initial trend forecast of 50, and smoothing parameters of 0.2 for the demand smoothing and 0.5 for the trend smoothing, forecast enrollment for the 7th term with the double exponential smoothing (DES) method

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