Answered step by step
Verified Expert Solution
Link Copied!

Question

1 Approved Answer

The following table gives the number of pints of type A blood used at Damascus Hospital in the past 6 weeks: Week Of Pints

image text in transcribed

The following table gives the number of pints of type A blood used at Damascus Hospital in the past 6 weeks: Week Of Pints Used August 31 September 7 345 370 September 14 408 September 21 383 September 28 October 5 368 378 a) The forecasted demand for the week of October 12 using a 3-week moving average = pints (round your response to two decimal places). b) Using a 3-week weighted moving average, with weights of 0.15, 0.30, and 0.55, using 0.55 for the most recent week, the forecasted demand for the week of October 12 = period and smallest weight applies to oldest period.) pints (round your response to two decimal places and remember to use the weights in appropriate order-the largest weight applies to most recent c) If the forecasted demand for the week of August 31 is 345 and a = 0.25, using exponential smoothing, develop the forecast for each of the weeks with the known demand and the forecast for the week of October 12 (round your responses to two decimal places). Week Of Pints Used Forecast for this August 31 345 Date 345 September 7 370 345.00 September 14 408 351.25 September 21 383 September 28 368 October 5 378 October 12

Step by Step Solution

There are 3 Steps involved in it

Step: 1

blur-text-image

Get Instant Access to Expert-Tailored Solutions

See step-by-step solutions with expert insights and AI powered tools for academic success

Step: 2

blur-text-image

Step: 3

blur-text-image

Ace Your Homework with AI

Get the answers you need in no time with our AI-driven, step-by-step assistance

Get Started

Recommended Textbook for

Small Business Management Entrepreneurship and Beyond

Authors: Timothy s. Hatten

5th edition

538453141, 978-0538453141

More Books

Students also viewed these General Management questions

Question

4. Greet students at the door to the class every day.

Answered: 1 week ago