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

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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)

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