Question
The following gives the number of pints of type B blood used at Woodlawn Hospital in the past 6 weeks: Week Of Pints Used August
The following gives the number of pints of type B blood used at Woodlawn Hospital in the past 6 weeks:
Week Of | Pints Used |
---|---|
August 31 | 360 |
September 7 | 389 |
September 14 | 410 |
September 21 | 381 |
September 28 | 368 |
October 5 | 374 |
A. Forecast the demand for the week of October 12 using a 4-week moving average. [ Select ] ["383.25", "385.66", "375.25", "372.90", "374.33"]
B. What is the MAD? [ Select ] ["20.31", "15.00", "17.24", "9.52", "11.52"]
C. Use a 4-week weighted moving average, with weights of .1, .1, .2, and .6 using .6 for the most recent week. Forecast demand for the week of October 12. [ Select ] ["371.50", "372.90", "377.10", "374.33", "370.67"]
D. What is the MAD? [ Select ] ["10.20", "12.78", "10.67", "16.24", "12.24"]
E. Compute the forecast for the week of October 12 using exponential smoothing with a forecast for August 31 of 363 and = .47 [ Select ] ["370.96", "387.50", "374.33", "375.99", "374.26"]
F. What is the MAD? [ Select ] ["11.56", "18.45", "12.55", "16.37", "10.56"]
G. Based on evaluating all three forecasting models, which forecast should be chosen? [ Select ] ["exponential smoothing", "cannot determine based on the information given", "4 week weighted moving average", "either exponential smoothing or 4 week moving average based on having the same error analysis outcome", "4 week moving average"]
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