The forecasted demand for the week of October 12 using a 3-week moving average pints round your response to two decimal places une the weights in appropriate order-the largest weight applies to most recent perod and smallest weight apples to oldest period) Using a 3-e weighted moving average with weights of 0.10 0.25, and 0.65, using 0.05 for the most recent week, the forecasted demand for the week of October 12-pirts (round your response to two decimal places and remember to week of October 12 (round your responses to the forecasted demand for the week of Auguel 31 is 350 anda 0.25, using exponential smoothing develop the forecast for each of the weeks with the known demand and the forecast f two decimal place Week Of August 31 Pints Used 350 Forecast for thi Date 350

Survey Of Economics
10th Edition
ISBN:9781337111522
Author:Tucker, Irvin B.
Publisher:Tucker, Irvin B.
Chapter1: Introducing The Economic Way Of Thinking
Section1.A: Applying Graphs To Economics
Problem 2SQP
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The following table gives the number of pints of type A blood used at Damascus Hospital in the past 6 weeks
Week Of
August 31
September 7
September 14
September 21
September 28
October 5
a) The forecasted demand for the week of October 12 using a 3-week moving average pints (round your response to two decimal places)
b)Using a 3-week weighted moving average, with weights of 0.10 0.25, and 0.65, using 065 for the most recent week, the forecasted demand for the week of October 12
use the weights in appropriate order-the largest weight applies to most recent period and smalast weight apples toodet period)
Pints Used
350
372
408
Week Of
August 31
September 7
September 14
September 21
September 20
Octubr
October 12
the forecasted demand for the week of August 31 is 350 and 0.25, using exponential smoothing, develop the forecast for each of the weeks with the known demand and the forecast for the week of October 12 (round your responses to
two decimal places
Pints Used
350
372
400
383
300
378
383
300
378
pirts (round your response to two decimal places and remember to
Forecast for this
Date
350
350.00
35550
Transcribed Image Text:The following table gives the number of pints of type A blood used at Damascus Hospital in the past 6 weeks Week Of August 31 September 7 September 14 September 21 September 28 October 5 a) The forecasted demand for the week of October 12 using a 3-week moving average pints (round your response to two decimal places) b)Using a 3-week weighted moving average, with weights of 0.10 0.25, and 0.65, using 065 for the most recent week, the forecasted demand for the week of October 12 use the weights in appropriate order-the largest weight applies to most recent period and smalast weight apples toodet period) Pints Used 350 372 408 Week Of August 31 September 7 September 14 September 21 September 20 Octubr October 12 the forecasted demand for the week of August 31 is 350 and 0.25, using exponential smoothing, develop the forecast for each of the weeks with the known demand and the forecast for the week of October 12 (round your responses to two decimal places Pints Used 350 372 400 383 300 378 383 300 378 pirts (round your response to two decimal places and remember to Forecast for this Date 350 350.00 35550
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