Professor Very Busy Needs to Allocate Time Next Week to Include

question 29

Multiple Choice

Professor Very Busy needs to allocate time next week to include time for office hours. He needs to forecast the number of students who will seek appointments. He has gathered the following data:
What is this week's forecast using trend-adjusted (double) smoothing with alpha = .5 and beta = .1, if the forecast for last week was 65, the forecast for two weeks ago was 75, and the trend estimate for last week's forecast was -5?

• A) 49.3
• B) 50.6
• C) 52.0
• D) 65.4
• E) 78.7

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Definitions:

Intellectual Capital

The collective knowledge, experience, and skills of an organization's employees that gives it a competitive advantage.

Knowledge Work

Work that tends to feature non-routine problem solving, accomplished through intellectual labor and information analysis.

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Resources owned by individuals or entities, providing current or future economic benefits.

Knowledge Repository

A centralized system or database designed to store, manage, and disseminate knowledge and information for easy retrieval and use.