Phlebotomy Essentials
6th Edition
ISBN:9781451194524
Author:Ruth McCall, Cathee M. Tankersley MT(ASCP)
Publisher:Ruth McCall, Cathee M. Tankersley MT(ASCP)
Chapter1: Phlebotomy: Past And Present And The Healthcare Setting
Section: Chapter Questions
Problem 1SRQ
Related questions
Question
Consider the following actual and forecast
demand levels for Big Mac hamburgers at a local McDonald’s
restaurant:
The forecast for Monday was derived by observing Monday’s
demand level and setting Monday’s forecast level equal to
this demand level. Subsequent forecasts were derived by using
exponential smoothing with a smoothing constant of 0.25.
Using this exponential smoothing method, what is the fore-
cast for Big Mac demand for Friday?
Transcribed Image Text:DAY
ACTUAL DEMAND
FORECAST DEMAND
Monday
88
88
Tuesday
72
88
Wednesday
68
84
Thursday
48
80
Friday
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