Question: REINFORCEMENT Direction. Solve the problem below. Write your solution on a whole sheet of paper. Data collected on the yearly registrations for a Six Sigma

REINFORCEMENT Direction. Solve the problem below.

REINFORCEMENT Direction. Solve the problem below. Write your solution on a whole sheet of paper. Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are shown below: Year 5 6 7 89 Registrations 4 6 4 5 8 7 9 14 in thousands 5 10 11 10 12 15 1. Develop a 3-year moving average to forecast registration from year 4 to year 12. 2. Use exponential smoothing with a smoothing constant of 0.3 to forecast the registrations assuming that the forecast for year 1 was 5,000 people signing up. 3. Use the trend-projection method to forecast demand in year 12 and 15

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