SCENARIO 16-5 the Number of Passengers Arriving at San Francisco on the on the Amtrak

question 112

Short Answer

SCENARIO 16-5
The number of passengers arriving at San Francisco on the Amtrak cross-country express on 6 successive Mondays were: 60,72,96,84,36,and 48.
-Referring to Scenario 16-5,the number of arrivals will be exponentially smoothed with a smoothing constant of 0.1.Then the forecast for the seventh Monday will be .

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Definitions:

Credit

An accounting entry that increases liabilities or equity, or decreases an asset or expense account, on a company's balance sheet.

Posting Reference

An identifier used in journals and ledgers to link transactions, facilitating tracking and cross-referencing between the two records.

Two-Column Journal

A financial journal that has a simple format with only a debit and a credit column for recording transactions.

Transactions

Transactions involve the exchange of goods, services, or funds between two or more parties, forming the basic activities recorded in accounting.