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Great Lakes Blood Bank (fictional) is the primary supplier of blood to various hospitals in Erie County, Pennsylvania. The number of pints of the rare
Great Lakes Blood Bank (fictional) is the primary supplier of blood to various hospitals in Erie County, Pennsylvania. The number of pints of the rare blood type AB supplied by the blood bank to the hospitals in Erie County during the past 8 weeks are given in the following table:
Great Lakes Blood Bank (fictional) is the primary supplier of blood to various hospitals in Erie County, Pennsylvania. The number of pints of the rare blood type AB- supplied by the blood bank to the hospitals in Erie County during the past 8 weeks are given in the following table: Week 2 4 7 Pints Supplied 280 350 370 352 329 338 301 368 Enter your answers to one decimal. a. Forecast the demand for the AB- blood type for Week 9 using a four-period moving average. The forecasted demand for Week 9 is Number b. Forecast the demand for the AB- blood type for Week 9 using a four-period weighted moving average, with weights of = 0.2, and W4 = 0.1. Note the higher weights are assigned to the most recent weeks = 0.4. W 0.3, W The forecasted demand for Week 9 is Number c. Compute the forecast for Week 9 using simple exponential smoothing. Assume F1 280 and a 0.4 The forecasted demand for Week 9 is Number Great Lakes Blood Bank (fictional) is the primary supplier of blood to various hospitals in Erie County, Pennsylvania. The number of pints of the rare blood type AB- supplied by the blood bank to the hospitals in Erie County during the past 8 weeks are given in the following table: Week 2 4 7 Pints Supplied 280 350 370 352 329 338 301 368 Enter your answers to one decimal. a. Forecast the demand for the AB- blood type for Week 9 using a four-period moving average. The forecasted demand for Week 9 is Number b. Forecast the demand for the AB- blood type for Week 9 using a four-period weighted moving average, with weights of = 0.2, and W4 = 0.1. Note the higher weights are assigned to the most recent weeks = 0.4. W 0.3, W The forecasted demand for Week 9 is Number c. Compute the forecast for Week 9 using simple exponential smoothing. Assume F1 280 and a 0.4 The forecasted demand for Week 9 is NumberStep by Step Solution
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