The following table gives the number of pints of type A blood used at Damascus Hospital in the past 6 weeks
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 | 360 |
September 7 | 370 |
September 14 | 410 |
September 21 | 381 |
September 28 | 366 |
October 5 | 378 |
a) The forecasted demand for the week of October 12 using a 3-week moving average = _______ pints .
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 = _______ points. (round your response to two decimal places and remember to use the weights in appropriate order the largest weight applies to most recent period and smallest weight applies to oldest period.)
c) lf the forecasted demand for the week of August 31 is 360 and α = 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 .
Week Of | Pints Used | Forecast for this Date |
---|---|---|
August 31 | 360 | 360 |
September 7 | 370 | 360.00 |
September 14 | 410 | 362.00 |
September 21 | 381 | ◻ |
September 28 | 366 | ◻ |
October 5 | 378 | ◻ |