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

question 4

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 0.1. Then the forecast for the seventh Monday will be ________.

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Definitions:

Direct Labor-Hours

The total hours worked by employees that are directly involved in the manufacturing process.

Raw Materials Cost

The expense of materials that are used in the manufacturing process to create goods, not yet processed or altered.

Direct Labor Wage

The remuneration paid to employees who are directly involved in the production of goods or the provision of services.

Budgeted Cash Balance

An estimated amount of cash a company expects to have on hand at the end of a specified period, based on anticipated inflows and outflows.