The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to be driven next year. The miles driven during the past $5$ years are as$$ follows:

$$

Year

$1$

$2$

$3$

$4$

$5$

Mileage

$3$ comma $000$

$3$ comma $950$

$3$ comma $400$

$3$ comma $850$

$3$ comma $700$

Part $2$

$$a$)$ Using a$2-$year moving$$ average, the forecast for year $6=$

$$

enter your response here miles $($round your response to the nearest whole$$ number$).$

Part $3$

$$b$)$ If a$2-$year moving average is used to make the$$ forecast, the MAD based on this$=$

$$

enter your response here miles $($round your response to one decimal$$ place$).($Hint: You will have only $3$ years of matched$$ data.$)$

Part $4$

$$c$)$ The forecast for year $6$ using a weighted$2-$year moving average with weights of $0\mathrm{.}40$ and $0\mathrm{.}60($the weight of $0\mathrm{.}60$ is for the most recent$$ period$)=$

$$

enter your response here miles $($round your response to the nearest whole$$ number$).$

Part $5$

The MAD for the forecast developed using a weighted$2-$year moving average with weights of $0\mathrm{.}40$ and $0\mathrm{.}60=$

$$

enThe Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the

anticipated mileago to be driven next yoar. The miles driven during the past $5$ years are as follows:

a$)$ Using a $2-$year moving average, the forecast for year $6=$ miles $($round your response to the nearest

whole number$).$

b$)$ If a$.2-$yearmoving average is used to make the forecast, the MAD based on this $=$ miles $($round your response to

one decimal place$).($Hint: You will have only $3$ years of mafched data.$)$

c$)$ The forecast for year $6$ using a weighted $2-$year moving averege with weights of $0\mathrm{.}40$ and $0,60($the woight of $0\mathrm{.}60$ is

for the most recent period$)=.$ miles $($round your response to the nearest whole number$).$

The MAD for the forecast developed using a weighted $2-$year moving average with weights of $0\mathrm{.}40$ and $0\mathrm{.}60$ miles

$($round your response to one decimal place$).($Hint: You will have only $3$ years of matched data.$)$

d$)$ Using exponential smoothing with $=0\mathrm{.}30$ and the forecast for year $1$ being $3,000,$ the forecast for year $6=$ miles

$($round your response to the nearest whole number$).$

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