K 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 0.20, 0.35, and 0.45, using 0.45 for the most recent week, the forecasted demand for the week of October 12 = pints (round your response to two decimal places and remember to use the weights in appropriate order the largest weight applies to most recent period and smallest weight applies to oldest period.) August 31 September 7 September 14. September 21 September 28 October 5 October 12 c) If the forecasted demand for the week of August 31 is 345 and a = 0.20, 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) Week Of Pints Used 345 372 408 383 371 371 Pints Used 345 372 408 383 371 371 Forecast for this Date 345 345.00 350.40
K 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 0.20, 0.35, and 0.45, using 0.45 for the most recent week, the forecasted demand for the week of October 12 = pints (round your response to two decimal places and remember to use the weights in appropriate order the largest weight applies to most recent period and smallest weight applies to oldest period.) August 31 September 7 September 14. September 21 September 28 October 5 October 12 c) If the forecasted demand for the week of August 31 is 345 and a = 0.20, 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) Week Of Pints Used 345 372 408 383 371 371 Pints Used 345 372 408 383 371 371 Forecast for this Date 345 345.00 350.40
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section: Chapter Questions
Problem 42P: The file P13_42.xlsx contains monthly data on consumer revolving credit (in millions of dollars)...
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