Enrollment in a Particular Class for the Last Four Semesters

question 15

Multiple Choice

Enrollment in a particular class for the last four semesters has been 120,126,110,and 130 (listed from oldest to most recent) .Develop a forecast of enrollment next semester using exponential smoothing with an alpha = 0.2.Assume that an initial forecast for the first semester was 120 (so the forecast and the actual were the same) .

• A)118.96
• B)121.17
• C)130
• D)120
• E)None of the above

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Definitions:

Profitability Index

An investment appraisal technique that calculates the relationship between the costs and benefits of a project by dividing the present value of future cash flows by the initial investment cost.

Difficult to Quantify

This term describes items or factors that are hard to measure or express in numerical terms due to their subjective or complex nature.

Annual After-Tax Cash Flow

The amount of money a company or individual has left after all income taxes are paid, considered over a yearly period.

Present Value

The current value of a future sum of money or stream of cash flows, taking into account a specific rate of interest.