The managing director of Industrial Engineering at Purdue University wants to forecast the number of students who will enroll in Industrial Engineering for the next two semesters in order to determine how many sections to schedule. The managing director has accumulated the following enrollment data for the past eight semesters: Semester 1 / 2 / 3 / 4 | 5 | 6 | 7 | 8 Students Enrolled in IE 120 180 200 250 360 450 520 600 | Forecast the number of students who will enroll in IE for semester 9, and 10 respectively using the following methods: – Exponential smoothing method (a = 0.3) for linear model. Assume that û(1) = 120.
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The managing director of Industrial Engineering at Purdue University wants to forecast the number of - Original Paper.