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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Transcribed Image Text:**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.)
Expert Solution

Step 1: Understanding the given data
The table shows the week and the pint used in that week. We have to find a 3-week moving average. A 3-week moving average for a particular week is found by finding a simple average for the previous 3 weeks.
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