Hi, need help solving for part B. Thank you. 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:YearMileage13,10024,05033,50043,80053,750a) Using a 2-year moving average, the forecast for year 6 = 3775 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 = miles (round your response to one decimal place). (Hint: You will have only 3 years of matched data.)

Projected or forecasted value is a prediction of future value depending on past facts and…

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 Mileage a) Using a 2-year moving average, the forecast for year 6 = 3775 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 = 1 3,100 2 4,050 3 3,500 4 3,800 5 3,750 miles (round your response to one decimal place). (Hint: You will have only 3 years of matched data.)

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 Mileage a) Using a 2-year moving average, the forecast for year 6 = 3775 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 = 1 3,100 2 4,050 3 3,500 4 3,800 5 3,750 miles (round your response to one decimal place). (Hint: You will have only 3 years of matched data.)

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...

See similar textbooks

Similar questions

five Practical major examples differences between a business model and a business plan?
Four Ms (Manpower, Method, Machine, Materials) a. Do you think these four Ms should be part of the plan in having a business? Justify your answer. b. Do you think the four Ms are necessary to the success of management inany business? Explain very briefly.
INSTRUCTION Based on the case study below, you are required to investigate a business problem, examine the alternative solutions, and propose the most effective solution using supporting evidence. Puan Reena worked as Personal Assistant for Encik Zamani, the Head of Human Resource Department at Synergy Auto Sdn. Bhd. for almost five years. As a personal assistant, she carried out all the instructions given by Encik Zamani. As the Head of Human Resource Department, Encik Zamani was in charge of the monthly staff meeting. After several years working with Encik Zamani, Puan Reena had realize several issues aroused especially in conducting the meeting. For example, Encik Zamani did not require a meeting's agenda, he just gives everyone a chance to discuss anything they like during the meeting. As a result, most problems or issues discussed did not have solution and continuity from previous meetings. Besides, Encik Zamani have poor leadership and poor communication skills that lead to his…
Task: You are to make a detailed account of the following situations listed below: 1.Have you volunteered to organize something at the school, church, sports league, in the community, work experience, etc.? 2.Have you encountered any school problem? Guide Questions: For item 1 1.How did you volunteer? Did your parents told you to or were you going along with friends? 2.How was your whole experience about volunteering to organize something for the school, church, or for the community? Why? 3.What were the details of the experience? 4.What went well? Why? 5.What went wrong? Why? 6.What have learned from the experience? 7.What would you do differently if you were asked to do it again? 8.Were you supervised in doing the activity? For item 2 1.Describe the problem you see in school (SBAA). 2.How would you fix the problem? 3.What specific steps or details would be undertaken to address the problem? 4.How would know that the steps to be undertaken would be successful? Instructions: 1.The…
Assignment Description and Instructions: As a group of aspiring entrepreneurs, design a business plan for a service-oriented business in the tourism industry in any Caribbean country (not an existing business/company). The Business is a Land Tours called Caribbean Eco-Adventures Key Elements of the Business Plan Business and Industry Profile This section provides an overview of the industry and market segment. • Market size.• Growth trends.• Strength of major firms.• Significant industry trends.Business Strategy This section describes how the company will gain a competitive advantage.
There are various roles and responsibilities within a restaurant for the kitchen staff. Create an outline to show the various employment categories and identify career roles within these categories. Then select three or more positions and use a graphical representation to show the career paths and advancement opportunities in that area.
are you able to solve part D as well? thank you!
What is a critical resource, or key success factor?
3.2) Reflecting on the ERG theory (Clayton Alderfer), in your own words, compare and contrast between the ERG theory and Maslow’s theory.
What are the ethical implications of the following interpretations? This is a very fair arrangement—a classic case of "share the pain, share the gair Besides, it gives Westlund-Deenihan some room to maneuver in case the economy softens again.
I need a Business Plan including the executive summary and so forth for a day Care business.
1 1-2-3-4-5