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Enrollment in a particular class for the last four semesters has been 122, 128,

ID: 3216557 • Letter: E

Question

Enrollment in a particular class for the last four semesters has been 122, 128, 100, and 155 (listed from oldest to most recent). The best forecast of enrollment next semester, based on a three-semester moving average, would be A) 116.7. B) 126.3. C) 168.3. D) 135.0. E) 127.7. Daily demand for newspapers for the last 10 days has been as follows: 12, 13, 16, 15, 12, 18, 12, 13, 15 (listed from oldest to most recent). Forecast sales for the next day using a three-day weighted moving average where the weights are 3, 1, and 1 (the highest weight is for the most recent number). The following table represents the new members that have been acquired by a fitness center. Assuming alpha = 0.3, beta = 0.4, an initial forecast of 40 January, and an initial trend adjustment of 0 for January, use exponential smoothing with trend adjustment to come up with a forecast for May on new members. The following table represents the number of applicants at a popular private college in the last four

Explanation / Answer

Enrollment in a particular class for the last four semesters has been 122, 128, 100,

        and 155 ( listed from oldest to most recent ). The best forecast of enrollment next

        semester, based on a three-semester moving average, would be:

        a.   116.7

        b.   126.3

        c.   168.3

        d.   135.0

        e.   127.7

15.

    a. 12.8

        b. 13.0

        c. 70.0

        d. 14.0