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The actual number of patients at Providence Emergency Medical Clinic for the first six weeks of this year follows: table [ [ Week ,
The actual number of patients at Providence Emergency Medical Clinic for the first six weeks of this year follows:
tableWeekActual No of Patients
Clinic administrator Dana Schniederjans wants you to forecast patient numbers at the clinic for week by using this data. You decide to use a weighted moving average method to find this forecas Your method uses four actual demand levels, with weights of on the present period, one period ago, two periods ago, and three periods ago.
a What is the value of your forecast?
The value of the forecast is patients round your response to two decimal places
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