4.1 The following gives the number of pints of type B blood used at Woodlawn Hospital in the past 6 weeks: WEEK OF PINTS USED August 31 360 September 7 389 September 14 410 September 21 381 September 28 368 October 5 374 a) Forecast the demand for the week of October 12 using a 3-week moving average.

Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter2: Introduction To Spreadsheet Modeling
Section: Chapter Questions
Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...
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Question
a) Using the trend-projection (regression) method, develop a forecast
for the sales of Volkswagen Beetles in Nevada through year 6.
b) What is the MAD?~
c) What is the MSE?
4.1
The following gives the number of pints of type B
blood used at Woodlawn Hospital in the past 6 weeks:
WEEK OF
PINTS USED
August 31
360
September 7
389
September 14
410
September 21
381
September 28
368
October 5
374
a) Forecast the demand for the week of October 12 using a
3-week moving average.
Transcribed Image Text:4.1 The following gives the number of pints of type B blood used at Woodlawn Hospital in the past 6 weeks: WEEK OF PINTS USED August 31 360 September 7 389 September 14 410 September 21 381 September 28 368 October 5 374 a) Forecast the demand for the week of October 12 using a 3-week moving average.
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