Problemenrollment in a particular class for the last six, Ask an Expert

Management Studies

Problem:

Enrollment in a particular class for the last six semesters had been 20, 30, 50, 40, 80 and 70.

Required:

Question 1) Develop a forecast of enrollment next semester using exponential smoothing with an alpha = 0.6 and use the naive method to start the exponential smoothing process (i.e., forecast for semester 2 = 20).

40 60 67 74 76

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91149795

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