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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 August 31 September 7 September 14 21 Pints Used 350 370 410 291

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 21 Pints Used 350 370 410 291

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 | 350 | | September 7 | 370 | | September 14| 410 | | September 21| 381 | | September 28| 371 | | October 5 | 378 | a) The forecasted demand for the week of October 12 using a 3-week moving average = 376.67 pints (round your response to two decimal places). b) Using a 3-week weighted moving average, with weights of 0.20, 0.35, and 0.45, using 0.45 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).
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 | 350 | | September 7 | 370 | | September 14| 410 | | September 21| 381 | | September 28| 371 | | October 5 | 378 | a) The forecasted demand for the week of October 12 using a 3-week moving average = 376.67 pints (round your response to two decimal places). b) Using a 3-week weighted moving average, with weights of 0.20, 0.35, and 0.45, using 0.45 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).
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