Question: Problem 4.11 Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown in the following table: Year 1

Problem 4.11

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)

4.00

7.00

4.00

5.00

10.00

8.00

7.00

9.00

12.00

14.00

15.00

a) Calculate the forecasted registrations for years 2 through 12 using exponential smoothing, with a smoothing constant

(alpha

)

of

0.30

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

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing

nothing

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