The following table gives the number of pints of type A blood used at Damascus Hospital in the past 6 weeks Week Of August 31 September 7 September 14 September 21 September 20 October 5 4 August 31 September 7 September 14 September 21 September 28 October 5 October 12 360 370 400 383 Pints Used 371 378 360 370 400 383 371 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 10.0.35, and 0.55, using 0 55 for the most recent week, the forecasted demand for the week of October 12-pints (round your response to two decimal places and remember to use the weights in appropriate order-the largest weight applies to most recent penod and smallest weight applies to oldest period, c) If the forecasted demand for the week of August 31 is 360 and a=0 20, 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 378 D Forecast for this Date 360 350.00 362.00 □ 17 1 8
The following table gives the number of pints of type A blood used at Damascus Hospital in the past 6 weeks Week Of August 31 September 7 September 14 September 21 September 20 October 5 4 August 31 September 7 September 14 September 21 September 28 October 5 October 12 360 370 400 383 Pints Used 371 378 360 370 400 383 371 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 10.0.35, and 0.55, using 0 55 for the most recent week, the forecasted demand for the week of October 12-pints (round your response to two decimal places and remember to use the weights in appropriate order-the largest weight applies to most recent penod and smallest weight applies to oldest period, c) If the forecasted demand for the week of August 31 is 360 and a=0 20, 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 378 D Forecast for this Date 360 350.00 362.00 □ 17 1 8
Practical Management Science
6th Edition
ISBN:9781337406659
Author:WINSTON, Wayne L.
Publisher:WINSTON, Wayne L.
Chapter13: Regression And Forecasting Models
Section13.7: Exponential Smoothing Models
Problem 29P: The file P13_29.xlsx contains monthly time series data for total U.S. retail sales of building...
Related questions
Question
Expert Solution
This question has been solved!
Explore an expertly crafted, step-by-step solution for a thorough understanding of key concepts.
Step by step
Solved in 6 steps with 8 images
Recommended textbooks for you
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Contemporary Marketing
Marketing
ISBN:
9780357033777
Author:
Louis E. Boone, David L. Kurtz
Publisher:
Cengage Learning
Marketing
Marketing
ISBN:
9780357033791
Author:
Pride, William M
Publisher:
South Western Educational Publishing
Practical Management Science
Operations Management
ISBN:
9781337406659
Author:
WINSTON, Wayne L.
Publisher:
Cengage,
Contemporary Marketing
Marketing
ISBN:
9780357033777
Author:
Louis E. Boone, David L. Kurtz
Publisher:
Cengage Learning
Marketing
Marketing
ISBN:
9780357033791
Author:
Pride, William M
Publisher:
South Western Educational Publishing