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gaga to be a yo The Carbondale Hospital is considering the purchase of a new ambulance. The decision will est party 1 Year Mileage 3.000 a) Using a 2-year moving average, the forecast for year 6- 3750 miles (round your response to the nearest whole number) b) Ifa 2-year moving average is used to make the forecast, the MAD based on this 108.3 miles (round your response to one decimal place) (Hint: You will have only 3 years of matched data) c) The forecast for year 6 using a weighted 2-year moving average with weights of 0.35 and 0.65 (the weight of 0.65 is for the most recent period) 3750 miles (round your response to the nearest whole number) The MAD for the forecast developed using a weighted 2-year moving average with weights of 0.35 and 0.65-170 miles (round your response to one decimal place). (Hint You will have only 3 years of matched d Using exponential smoothing with a 0.40 and the forecast for year 1 being 3.000, the forecast for year 63750 mies round your response to the nearest whole number) 2 4,000 3 3,400 4 3.750 5 3.750

gaga to be a yo The Carbondale Hospital is considering the purchase of a new ambulance. The decision will est party 1 Year Mileage 3.000 a) Using a 2-year moving average, the forecast for year 6- 3750 miles (round your response to the nearest whole number) b) Ifa 2-year moving average is used to make the forecast, the MAD based on this 108.3 miles (round your response to one decimal place) (Hint: You will have only 3 years of matched data) c) The forecast for year 6 using a weighted 2-year moving average with weights of 0.35 and 0.65 (the weight of 0.65 is for the most recent period) 3750 miles (round your response to the nearest whole number) The MAD for the forecast developed using a weighted 2-year moving average with weights of 0.35 and 0.65-170 miles (round your response to one decimal place). (Hint You will have only 3 years of matched d Using exponential smoothing with a 0.40 and the forecast for year 1 being 3.000, the forecast for year 63750 mies round your response to the nearest whole number) 2 4,000 3 3,400 4 3.750 5 3.750

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be driven next year. The miles driven during the past 5 years are as follows: Year 2 Mileage 4,000 a) Using a 2-year moving average, the forecast for year 6 3750 miles (round your response to the nearest whole number). b) if a 2-year moving average is used to make the forecast, the MAD based on this 108.3 miles (round your response to one decimal place). (Hint: You will have only 3 years of matched data) - c) The forecast for year 6 using a weighted 2-year moving average with weights of 0.35 and 0.65 (the weight of 0.65 is for the most recent period) 3750 miles (round your response to the nearest whole number). The MAD for the forecast developed using a weighted 2-year moving average with weights of 0.35 and 0.65- 170.8 miles (round your response to one decimal place). (Hint You will have only 3 years of matched data) d) Using exponential smoothing with a 0.40 and the forecast for year 1 being 3.000, the forecast for year 6 3750 miles (round your response to the nearest whole number) 1 3,000 3 3,400 4 3,750 5 3,750
Transcribed Image Text:The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be driven next year. The miles driven during the past 5 years are as follows: Year 2 Mileage 4,000 a) Using a 2-year moving average, the forecast for year 6 3750 miles (round your response to the nearest whole number). b) if a 2-year moving average is used to make the forecast, the MAD based on this 108.3 miles (round your response to one decimal place). (Hint: You will have only 3 years of matched data) - c) The forecast for year 6 using a weighted 2-year moving average with weights of 0.35 and 0.65 (the weight of 0.65 is for the most recent period) 3750 miles (round your response to the nearest whole number). The MAD for the forecast developed using a weighted 2-year moving average with weights of 0.35 and 0.65- 170.8 miles (round your response to one decimal place). (Hint You will have only 3 years of matched data) d) Using exponential smoothing with a 0.40 and the forecast for year 1 being 3.000, the forecast for year 6 3750 miles (round your response to the nearest whole number) 1 3,000 3 3,400 4 3,750 5 3,750
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