Demand for widgets steadily increasing.

year 1 2 3 4 5 6
widgets 45 50 52 56 58 ?

6 years ago it wss predicted that demand in year 1 would be 41 widgets.

a. use exponential smoothing constant of .6 and then .9 to project forecasts for years 2 through 6.
b. use 3 yr moving average to forecast demand in years 4,5, 6.
c. use trend projection method to forecast demand in years 1-6.
d. with MAD as the criterion, which of the four forecasting methods is best

Question:

“Over 95% of defendants to criminal charges are proceeded against at the magistrates’ court (1.6 million in 2013…according to the Court Statistics). It should be obvious from this statistic that magistrates’ courts do not deal with trivia, although many members of the public and even lawyers and judges underestimate their importance.” [P. Darbyshire, Darbyshire on the English Legal System

(London, Sweet & Maxwell, 2014) p.151] To what extent do you agree with this statement?

Question:

“Over 95% of defendants to criminal charges are proceeded against at the magistrates’ court (1.6 million in 2013…according to the Court Statistics). It should be obvious from this statistic that magistrates’ courts do not deal with trivia, although many members of the public and even lawyers and judges underestimate their importance.” [P. Darbyshire, Darbyshire on the English Legal System

(London, Sweet & Maxwell, 2014) p.151] To what extent do you agree with this statement?