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The Charbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be drive next year. The miles driven during the past 5 years are as follows: Mileage 3000 Year 2008 2009 4000 2010 3400 3800 2011 2012 3,799 Please forecast the mileage for 2013 using Naive method

The Charbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be drive next year. The miles driven during the past 5 years are as follows: Mileage 3000 Year 2008 2009 4000 2010 3400 3800 2011 2012 3,799 Please forecast the mileage for 2013 using Naive method

Practical Management Science
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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Please forecast the mileage for 2013 using the Naive method.

The Charbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be drive next year. The miles driven during the past 5 years are as follows: Mileage 3000 Year 2008 2009 4000 2010 3400 2011 3800 2012 3,799 Please forecast the mileage for 2013 using Naïve method
Transcribed Image Text:The Charbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be drive next year. The miles driven during the past 5 years are as follows: Mileage 3000 Year 2008 2009 4000 2010 3400 2011 3800 2012 3,799 Please forecast the mileage for 2013 using Naïve method
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