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WEEK OF PINTS USED August 31 360 September 7 389 September 14 410 September 21 381 September 28 368 October 5 374

WEEK OF PINTS USED August 31 360 September 7 389 September 14 410 September 21 381 September 28 368 October 5 374

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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Question
The following gives the number of pints of type B
blood used a t Woodlawn Hospital in the past 6 weeks:                                                                               a) Forecast the dema nd for the week of October 12 using a
3-week moving average.
b) Use a 3-week weighted moving average, with weights of .I , .3,
and .6, using .6 for the most recent week. Forecast demand for
the week of October 12.
c) Compute the forecast for the week of October 12using exponential
smoothing with a forecast for August 31 of 360 and a = .2
WEEK OF PINTS USED August 31 360 September 7 389 September 14 410 September 21 381 September 28 368 October 5 374
Transcribed Image Text:WEEK OF PINTS USED August 31 360 September 7 389 September 14 410 September 21 381 September 28 368 October 5 374
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