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Using exponential smoothing with alUsing exponential smoothing with alpha of 0.50 and the forecast for year one being 3000 the forecast for year 6 equals?
Using exponential smoothing with alUsing exponential smoothing with alpha of 0.50 and the forecast for year one being 3000 the forecast for year 6 equals?
fari e Edit View History Bookmarks Window Help 0 0 7 Q g Thu Nov 3 8:19 PM mylab.pearson.com C + A myBama Content Do Homework - Chapter 4 Homework How To... Perform Simple Linear Regression i. O Introduction to Operation Management (2) Claude Harrell 11/03/22 8:19 PM Homework: Chapter 4 Homework Question 7, Problem 4.5 HW Score: 30.18%, 22.93 of 76 points Part 5 of 5 Points: 0 of 5 Save 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 estion list K driven during the past 5 years are as follows: Year 2 5 Question 6 Mileage 3.000 4,000 3,400 3,800 3,700 a) Using a 2-year moving average, the forecast for year 6 = 3750 miles (round your response to the nearest whole number). Question 7 b) If a 2-year moving average is used to make the forecast, the MAD based on this = 100 miles (round your response to one decimal place). (Hint: You will have only 3 years of matched data.) c) The forecast for year 6 using a weighted 2-year moving average with weights of 0.45 and 0.55 (the weight of 0.55 is for the most recent period) = 3745 miles Question 8 (round your response to the nearest whole number). The MAD for the forecast developed using a weighted 2-year moving average with weights of 0.45 and 0.55 = 120 miles (round your response to one Question 9 decimal place). (Hint: You will have only 3 years of matched data.) d) Using exponential smoothing with a = 0.50 and the forecast for year 1 being 3,000, the forecast for year 6 = ] miles (round your response to the nearest whole number). Question 10 Help me solve this Calculator Ask my instructor Clear all Check answer 20 13 41) F12 W * % delete O 6 Q W R P 4 S D H C N MM 96 alt command command optionStep by Step Solution
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