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

question 168

Short Answer

TABLE 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 Table 16-5, the number of arrivals will be exponentially smoothed with a smoothing constant of 0.25. The smoothed value for the second Monday will be ________.

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Definitions:

Creative Thinking

The ability to think in novel and unusual ways and to come up with new ideas or solutions to problems.

Programmed Decisions

Programmed decisions are routine decisions that follow standard procedures or guidelines, often used for recurring organizational problems.

Five-Step Model

A structured approach to problem-solving or decision-making, divided into five distinct stages.

Organizational Cultural Lag

The phenomenon where an organization's culture fails to keep pace with changes in society, technology, or the economy, leading to outdated practices or values.