**Data on Type A Blood Usage at Damascus Hospital**The following table provides the number of pints of Type A blood used at Damascus Hospital over the past 6 weeks:| **Week Of** | **Pints Used** ||----------------|---------------|| August 31 | 345 || September 7 | 389 || September 14 | 412 || September 21 | 383 || September 28 | 366 || October 5 | 371 |**Analysis Task**a) To forecast the demand for the week of October 12, utilize a 3-week moving average. Calculate the moving average and round your response to two decimal places. (Note: The moving average is a statistical technique used to smooth out short-term fluctuations and highlight longer-term trends or cycles.)

The following table gives the number of pints of type A blood used at Damascus Hospital in the past 6 weeks: Week Of August 31 September 7 September 14 September 21 September 28 October 5 Pints Used 345 389 412 383 366 371 a) The forecasted demand for the week of October 12 using a 3-week moving average decimal places). = pints (round your response to two

The following table gives the number of pints of type A blood used at Damascus Hospital in the past 6 weeks: Week Of August 31 September 7 September 14 September 21 September 28 October 5 Pints Used 345 389 412 383 366 371 a) The forecasted demand for the week of October 12 using a 3-week moving average decimal places). = pints (round your response to two

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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The following table gives the number of pints of type A blood used at Woodlawn Hospital in the past 6 weeks: Week Of August 31 September 7 September 14 September 21 September 28 October 5 a) The forecasted demand for the week of October 12 using a 3-week moving average = pints (round your response to two decimal places) b) Using a 3-week weighted moving average, with weights of 0.10, 0.30, and 0.60, using 0.60 for the most recent week, the forecasted demand for the week of October 12 = pints (round your response to two decimal places and remember to use the weights in appropriate order the largest weight applies to most recent period and smallest weight applies to oldest period.) c) If the forecasted demand for the week of August 31 is 360 and α = 0.20, using exponential smoothing, develop the forecast for each of the weeks with the known demand and the forecast for the week of October 12 (round your responses to two decimal places). Week Of August 31 September 7 September 14 September…