The University Research Center wants to forecast the number of students who will enroll in the SABH programs (BSAC, BSMA, BSBA, BSTM, BSHM) next semester, in order to determine how many sections to schedule. The registrar has provided the following enrollment data for the past eight semesters: SEMESTER First Semester, SY 2017-2018 Second Semester, SY 2017-2018 Short Term, SY 2017-2018 First Semester, SY 2018-2019 Second Semester, SY 2018-2019 Short Term, SY 2018-2019 First Semester, SY 2019-2020 Second Semester, SY 2019-2020 STUDENTS ENROLLED IN SABH PROGRAMS 400 450 350 420 500 575 490 650 a. Compute a three-semester moving average forecast for school year 2018-2019 onwards. b. Construct a table showing the exponentially smoothed forecast (a = 0.25) for the enrollment data. C. Construct a table showing the adjusted exponentially smoothed forecast using B = 0.3 %3D

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
icon
Related questions
Question
The University Research Center wants to forecast the number of students who will enroll
in the SABH programs (BSAC, BSMA, BSBA, BSTM, BSHM) next semester, in order to
determine how many sections to schedule. The registrar has provided the following
enrollment data for the past eight semesters:
SEMESTER
First Semester, SY 2017-2018
Second Semester, SY 2017-2018
Short Term, SY 2017-2018
First Semester, SY 2018-2019
Second Semester, SY 2018-2019
Short Term, SY 2018-2019
First Semester, SY 2019-2020
Second Semester, SY 2019-2020
STUDENTS ENROLLED IN SABH PROGRAMS
400
450
350
420
500
575
490
650
a. Compute a three-semester moving average forecast for school year 2018-2019
onwards.
b. Construct a table showing the exponentially smoothed forecast (a = 0.25) for the
enrollment data.
C. Construct a table showing the adjusted exponentially smoothed forecast using B 0.3
%3D
Transcribed Image Text:The University Research Center wants to forecast the number of students who will enroll in the SABH programs (BSAC, BSMA, BSBA, BSTM, BSHM) next semester, in order to determine how many sections to schedule. The registrar has provided the following enrollment data for the past eight semesters: SEMESTER First Semester, SY 2017-2018 Second Semester, SY 2017-2018 Short Term, SY 2017-2018 First Semester, SY 2018-2019 Second Semester, SY 2018-2019 Short Term, SY 2018-2019 First Semester, SY 2019-2020 Second Semester, SY 2019-2020 STUDENTS ENROLLED IN SABH PROGRAMS 400 450 350 420 500 575 490 650 a. Compute a three-semester moving average forecast for school year 2018-2019 onwards. b. Construct a table showing the exponentially smoothed forecast (a = 0.25) for the enrollment data. C. Construct a table showing the adjusted exponentially smoothed forecast using B 0.3 %3D
Expert Solution
trending now

Trending now

This is a popular solution!

steps

Step by step

Solved in 2 steps with 2 images

Blurred answer
Knowledge Booster
Forecasting
Learn more about
Need a deep-dive on the concept behind this application? Look no further. Learn more about this topic, operations-management and related others by exploring similar questions and additional content below.
Similar questions
  • SEE MORE QUESTIONS
Recommended textbooks for you
Practical Management Science
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Operations Management
Operations Management
Operations Management
ISBN:
9781259667473
Author:
William J Stevenson
Publisher:
McGraw-Hill Education
Operations and Supply Chain Management (Mcgraw-hi…
Operations and Supply Chain Management (Mcgraw-hi…
Operations Management
ISBN:
9781259666100
Author:
F. Robert Jacobs, Richard B Chase
Publisher:
McGraw-Hill Education
Business in Action
Business in Action
Operations Management
ISBN:
9780135198100
Author:
BOVEE
Publisher:
PEARSON CO
Purchasing and Supply Chain Management
Purchasing and Supply Chain Management
Operations Management
ISBN:
9781285869681
Author:
Robert M. Monczka, Robert B. Handfield, Larry C. Giunipero, James L. Patterson
Publisher:
Cengage Learning
Production and Operations Analysis, Seventh Editi…
Production and Operations Analysis, Seventh Editi…
Operations Management
ISBN:
9781478623069
Author:
Steven Nahmias, Tava Lennon Olsen
Publisher:
Waveland Press, Inc.