1. The Bonavista patient transfer company is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be driven next year. The kilometers driven during the past 5 years are as follows: Distance (KM) Year 1 3,000 2 4,000 3,400 4 5 3,800 3,700 a. Forecast the numbers of Kilometers for next year (6th year) using a 2-year moving average. (2 marks) b. Find the MAD based on the 2-year moving average forecast in part a [Hint: You will have only 3 years of matched data.] (2 marks) c. Use a weighted 2 year moving average with weights of .4and .6 to forecast next year's mileage. The weight of 6 is for the most recent year). What MAD results from using this approach to forecasting? [Hint: You will have only 3 years of matched data.] (2 marks) I Active