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 = 373.33 pints (round your response to two decimal places). b) Using a 3-week weighted moving average, with weights of 0.20, 0.25, and 0.55, using 0.55 for the most recent week, the forecasted demand for the week of October 12= 373.3 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.) Week Of Pints Used 360 372 412 c) If the forecasted demand for the week of August 31 is 360 and a=0.30, 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). August 31 September 7 September 14 September 21 September 28 378 368 374 360 372 412 378 368 Pints Used Forecast for this Date 360 360.00 363.60 378.12

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 = 373.33 pints (round your response to two decimal places). b) Using a 3-week weighted moving average, with weights of 0.20, 0.25, and 0.55, using 0.55 for the most recent week, the forecasted demand for the week of October 12= 373.3 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.) Week Of Pints Used 360 372 412 c) If the forecasted demand for the week of August 31 is 360 and a=0.30, 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). August 31 September 7 September 14 September 21 September 28 378 368 374 360 372 412 378 368 Pints Used Forecast for this Date 360 360.00 363.60 378.12

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter13: Regression And Forecasting Models

Section13.7: Exponential Smoothing Models

Problem 26P: The file P13_26.xlsx contains the monthly number of airline tickets sold by the CareFree Travel...

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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 Pints Used 345 389 412 383 366 371 a) The forecasted demand for the week of October 12 using a 3-week moving average decimal places). pints (round your response to two
The following table gives the number of pints of type A blood used at Damascus Hospital in the past 6 weeks: Week Of Pints Used August 31 September 7 September 14 September 21 September 28 345 370 410 378 368 October 5 371 a) The forecasted demand for the week of October 12 using a 3-week moving average = 372.33 pints (round your response to two decimal places). b) Using a 3-week weighted moving average, with weights of 0.15, 0.30, and 0.55, using 0.55 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.)
The following table gives the number of pints of type A blood used at Damascus Hospital in the past 6 weeks: Week Of Pints Used August 31 360 September 7 389 September 14 412 September 21 383 September 28 366 October 5 374 a) The forecasted demand for the week of October 12 using a 3-week moving average LOADING... = 374.33374.33 pints (round your response to two decimal places). b) Using a 3-week weighted moving average, with weights of 0.15, 0.35, and 0.50, using 0.50 for the most recent week, the forecasted demand for the week of October 12 = 372.55372.55 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.) c) If the forecasted demand for the week of August 31 is 360 and α = 0.20, using exponential smoothing,…
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 Pints Used 350 370 412 378 371 378 a) The forecasted demand for the week of October 12 using a 3-week moving average: response to two decimal places). 106 pints (round your
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 Pints Used 350 370 410 383 368 374 a) The forecasted demand for the week of October 12 using a 3-week moving average=pints (round your response to two decimal places).