Logo
Home Study Material Contact Search
AI Chat FREE
  1. business
  2. general management
  3. data collected on the yearly registrations for a s

Data collected on the yearly registrations for a Six Sigma seminar at the Quality College are...

80.2K

Verified Solution

Question

General Management

Data collected on the yearly registrations for a Six Sigmaseminar at the Quality College are shown in the following?table:

Year1234567891011
Registrations (000)5.007.003.005.009.009.007.0011.0013.0014.0012.00

a. Calculate the forecasted registrations for years 2 through 12using exponential smoothing, with a smoothing constant (?) of 0.40and a starting forecast for 5.00 year 1 (round your responses toone demical place):

Year123456789101112
Forecast (000)5.00???????????

b. Mean absolute deviation based on the forecast developed usingthe exponential smoothing method (with a smoothing constant (?) =0.40 and a starting forecast of F1 = 5.00) is _____registrations (round your response to one decimalplace)

Answer & Explanation Solved by verified expert
4.3 Ratings (902 Votes)
Question Data collected on the yearlyregistrations for a Six Sigma seminar at the Quality    See Answer
Get Answers to Unlimited Questions

Join us to gain access to millions of questions and expert answers. Enjoy exclusive benefits tailored just for you!

Membership Benefits:
  • Unlimited Question Access with detailed Answers
  • Zin AI - 3 Million Words
  • 10 Dall-E 3 Images
  • 20 Plot Generations
  • Conversation with Dialogue Memory
  • No Ads, Ever!
  • Access to Our Best AI Platform: Flex AI - Your personal assistant for all your inquiries!
Become a Member

Other questions asked by students

Q

CHART OF ACCOUNTSBeartooth Co.General LedgerASSETS110Cash120Accounts Receivable125Notes Receivable130Inventory...CHART OF ACCOUNTSBeartooth Co.General LedgerASSETS110Cash120Accounts Receivable125Notes Receivable130Inventory131Estimated Returns...

Accounting
Q

Explain what is meant by the two terms: \"Price based Contracts\" and \"Cost-based Contracts

Civil Engineering
Q

A hemisphere of radius R is centered on the origin and immersed in an electric field,...

Physics
Q

You are one of five astronauts in a spacecraft that is traveling in deep space. Your...

Mechanical Engineering
Q

Source Problem: Design a grounded-load v-I converter that converts a 0V to 10V input to a 4mA...

Electrical Engineering
Q

Charleston Corporation operates a branch operation in a foreign country. Although this branch operates in euros,...

Accounting
Q

A fish rising vertically up towards the surface of water with speed 3 ms and...

Physics
Q

5 A proton and deuteron are accelerated by same potential difference and enter in region...

Physics
Q

Can someone please help me input the appropriate journal entries for this problem. Its due...

Accounting
Q

When comparing financial performance with industry, all of the following are considered limitations except: A....

Accounting
Q

A company issues $10,000, 3-year note at a coupon rate of 9% on January 1,...

Accounting
Q

Required information [The following information applies to the questions displayed below] Oslo Company prepared the...

Accounting