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Compute the Cpk measure of process capability for the following
machine and interpret the findings. What value would
you have obtained with the Cp measure?
Machine data: USL=100
LSL:70 Process s 5 Process m 80

Given the following data, use exponential smoothing with
0.2 and 0.5 to generate forecasts for periods 2 through
6. Use MAD and MSE to decide which of the two models produced
a better forecast.
PERIOD ACTUAL FORCAST
1 15 17
2 18
3 14
4 16
5 13
6 16

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