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 20 October 5 4 August 31 September 7 September 14 September 21 September 28 October 5 October 12 360 370 400 383 Pints Used 371 378 360 370 400 383 371 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 10.0.35, and 0.55, using 0 55 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 penod and smallest weight applies to oldest period, c) If the forecasted demand for the week of August 31 is 360 and a=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 Pints Used 378 D Forecast for this Date 360 350.00 362.00 □ 17 1 8
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 20 October 5 4 August 31 September 7 September 14 September 21 September 28 October 5 October 12 360 370 400 383 Pints Used 371 378 360 370 400 383 371 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 10.0.35, and 0.55, using 0 55 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 penod and smallest weight applies to oldest period, c) If the forecasted demand for the week of August 31 is 360 and a=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 Pints Used 378 D Forecast for this Date 360 350.00 362.00 □ 17 1 8
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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