Instruction 14-2
the Following Table Contains the Number of Complaints

question 58

Multiple Choice

Instruction 14-2
The following table contains the number of complaints received in a department store for the first 6 months of last year.
$$\begin{array} { l l } \text { Month } & \text { Complaints } \\\hline\text { January } & 36 \\\text { February } & 45 \\\text { March } & 81 \\\text { April } & 90 \\\text { May } & 108 \\\text { June } & 144\end{array}$$
-Referring to Instruction 14-2,if this series is smoothed using exponential smoothing with a smoothing constant of 1/3,how many values would it have?

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Definitions:

Escrow Account

A financial arrangement where a third party holds and regulates payment of the funds required for two parties involved in a given transaction.

Profit Sharing Plan

A compensation structure where employees receive a share of the company's profits, usually allocated as part of their annual income.

Scanlon

A participative management approach that focuses on employee involvement in problem solving and decision making related to productivity improvement and cost reduction.

Rucker Plans

A profit-sharing plan where employee pay is linked to the productivity or profitability of a company, encouraging increased worker output and company success.