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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 August 31 September 7 September 14 September 21 September 28 October 5 345 372 408 383 368 378 a) The forecasted demand for the week of October 12 using a 3-week moving averagg = 376.33 pints (round your response to two decimal places). b) Using a 3-week weighted moving average, with weights of 0.15, 0.25, and 0.60, using 0.60 for the most recent week, the forecasted demand for the week of October 12 = 376.25 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 345 and a = 0.25, using exponential smoothing, develop the forecast for each of the weeks with the known demand and the forecast for the week of October places). (round your responses to two decimal Forecast for this Date Week Of Pints Used August 31 345 345 September 7 September 14 September 21 372 345.00 408 351.75 383

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 August 31 September 7 September 14 September 21 September 28 October 5 345 372 408 383 368 378 a) The forecasted demand for the week of October 12 using a 3-week moving averagg = 376.33 pints (round your response to two decimal places). b) Using a 3-week weighted moving average, with weights of 0.15, 0.25, and 0.60, using 0.60 for the most recent week, the forecasted demand for the week of October 12 = 376.25 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 345 and a = 0.25, using exponential smoothing, develop the forecast for each of the weeks with the known demand and the forecast for the week of October places). (round your responses to two decimal Forecast for this Date Week Of Pints Used August 31 345 345 September 7 September 14 September 21 372 345.00 408 351.75 383

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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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 August 31 September 7 September 14 September 21 September 28 345 372 408 383 368 October 5 378 a) The forecasted demand for the week of October 12 using a 3-week moving average = 376.33 pints (round your response to two decimal places). b) Using a 3-week weighted moving average, with weights of 0.15, 0.25, and 0.60, using 0.60 for the most recent week, the forecasted demand for the week of October 12 = 376.25 pints (round your response to two decimal places and remember to use the weights in propriate 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 345 and a = 0.25, 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 Pints Used Forecast for this Date August 31 345 345 September 7 372 345.00 September 14 408 351.75 September 21 383
Transcribed Image Text: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 August 31 September 7 September 14 September 21 September 28 345 372 408 383 368 October 5 378 a) The forecasted demand for the week of October 12 using a 3-week moving average = 376.33 pints (round your response to two decimal places). b) Using a 3-week weighted moving average, with weights of 0.15, 0.25, and 0.60, using 0.60 for the most recent week, the forecasted demand for the week of October 12 = 376.25 pints (round your response to two decimal places and remember to use the weights in propriate 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 345 and a = 0.25, 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 Pints Used Forecast for this Date August 31 345 345 September 7 372 345.00 September 14 408 351.75 September 21 383
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