he following table gives the number of pints of type A blood used at Damascus Hospital in the past 6 weeks: week of pints used aug 31 360 sep 7 370 sep 14 412 sep 21 383 sep 28 371 oct 5 371 a) the forecasted demand for the week of Oct 12 using a 3 week moving average= 375 pints b)using a 3-week weighted moving average with weights of 0.10, 0.35, and 0.55, using 0.55 for the most recent week, the forecased demand for the week of Oct 12 = 372.20 c) If the forecasted demand for the week of Aug 31 is 360 and (alpha symbol)= 0.30, using exponential smoothing, develop the forecast for each of the weeks with the known demand and the forecast for the week of Oct 12 week of pints used forecast for this date Aug 31 360 360 Sep 7 370 360.00 Sep 14 412 363.00 Sep 21 383 [_____]
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
aug 31 360
sep 7 370
sep 14 412
sep 21 383
sep 28 371
oct 5 371
a) the
b)using a 3-week weighted moving average with weights of 0.10, 0.35, and 0.55, using 0.55 for the most recent week, the forecased demand for the week of Oct 12 = 372.20
c) If the forecasted demand for the week of Aug 31 is 360 and (alpha symbol)= 0.30, using exponential smoothing, develop the forecast for each of the weeks with the known demand and the forecast for the week of Oct 12
week of pints used forecast for this date
Aug 31 360 360
Sep 7 370 360.00
Sep 14 412 363.00
Sep 21 383 [_____]
Trending now
This is a popular solution!
Step by step
Solved in 2 steps