The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly...
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 driven during the past 5 years are as follows: Year 1: 3000 2: 4050 3: 3500 4: 3850 5: 3800
a) Using a 2-year moving average, the forecast for year 6 = 3825 miles (round your response to the nearest whole number).
b) If a 2-year moving average is used to make the forecast, the MAD based on this = 75.0 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 0.35 and 0.65 (the weight of 0.65 is for the most recent period) = nothing miles (round your response to the nearest whole number).
I cant figure C out.
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The Carbondale Hospital is considering the purchase of a new
ambulance. The decision will rest partly...
The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly...
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 driven during the past 5 years are as follows: Year12345Mileage3.0504,0003,5003.7503.700a) Using a 2-year moving average, the forecast for year 6 = 3,725 miles (round your response to the nearest whole number) b) If a 2-year moving average is used to make the forecast, the MAD based on this = 33.3 miles (round your response to...
The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly...
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 driven during the past 5 years are as follows: Year 1 2 3 4 5 Mileage 3,000 3,950 3,500 3,750 3,750 a) Using a 2-year moving average, the forecast for year 6 = miles (round your response to the nearest whole number). b) If a 2-year moving average is used to make...
The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly...
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 driven during the past 5 years are as follows: Year 1 2 3 4 5 Mileage 3 comma 0003,000 3 comma 9503,950 3 comma 4503,450 3 comma 7503,750 3 comma 7503,750 a) Using a 2-year moving average, the forecast for year 6 = 3750 miles (round your response to the nearest whole...
The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly...
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 driven during the past 5 years are as follows: Year 1 2 3 4 5 Mileage 3,000 4,000 3,400 3,850 3,750 Using a 2-year moving average, the forecast for year 6 =________ miles (round your response to the nearest whole number).
The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly...
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 driven during the past 5 years are as follows: YEAR MILEAGE 1 3,000 2 4,000 3 3,400 4 3,800 5 3,700 a) Forecast the mileage for next year (6th year) using a 2-year moving average. b) Find the MAD based on the 2-year moving average. ( Hint: You will have only 3 years...
The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly...
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 driven during the past 5 years are as follows: Year 1 2 3 4 5 Mileage 3,100 4,000 3,500 3,800 3,700 d) Using exponential smoothing with alpha α =0.50 and the forecast for year 1 being 3,100, the forecast for year 6 =___miles (round your response to the nearest whole number).
i need last one The Carbondale Hospital is considering the purchase of a new ambulance. The...
i need last one
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 driven during the past 5 years are as follows: Year 4 3,400 Mileage a) using a 2-year moving average, the forecast for year 6-3775 miles (round your response to the nearest whole number. b lf a 2-year m oving average is used to make the forecast, the MAD based...
Can someone help me figure out part C? The Carbondale Hospital is considering the purchase of...
Can someone help me figure out
part C?
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 driven during the past 5 years are as follows: Year Mileage 2 4,000 4 5 3,050 3,500 3,800 3,750 a) Using a 2-year moving average, the forecast for year 63,775 miles (round your response to the nearest whole number) b) If a 2-year moving average...
Score: 0.2 of 1 pt 3 of 10 (10 complete) HW Score: 84.33%, 8.43 of 10...
Score: 0.2 of 1 pt 3 of 10 (10 complete) HW Score: 84.33%, 8.43 of 10 pts Problem 4.5 s Question Help O 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 driven during the past 5 years are as follows: Year 1 2 2 4.000 4 3.800 5 3,700 Mileage 3.050 3.500 a) Using a 2-year moving average, the forecast for...
"The MAD for the forecast developed using a weighted 2-year moving average with weights of 0.45...
"The MAD for the forecast developed using a weighted 2-year
moving average with weights of 0.45 and 0.55 = __ miles (round
your response to one decimal place). (Hint: You will have only 3
years of matched data.)"
Score: 0 of 1 pt 3 of 5 (1 complete) HW Score: 0%, 0 of 5 pts Problem 4.5 Question Help The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to...
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 driven during the past 5 years are as follows: Year12345Mileage3.0504,0003,5003.7503.700a) Using a 2-year moving average, the forecast for year 6 = 3,725 miles (round your response to the nearest whole number) b) If a 2-year moving average is used to make the forecast, the MAD based on this = 33.3 miles (round your response to...
i need last one
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 driven during the past 5 years are as follows: Year 4 3,400 Mileage a) using a 2-year moving average, the forecast for year 6-3775 miles (round your response to the nearest whole number. b lf a 2-year m oving average is used to make the forecast, the MAD based...
Can someone help me figure out
part C?
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 driven during the past 5 years are as follows: Year Mileage 2 4,000 4 5 3,050 3,500 3,800 3,750 a) Using a 2-year moving average, the forecast for year 63,775 miles (round your response to the nearest whole number) b) If a 2-year moving average...
Score: 0.2 of 1 pt 3 of 10 (10 complete) HW Score: 84.33%, 8.43 of 10 pts Problem 4.5 s Question Help O 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 driven during the past 5 years are as follows: Year 1 2 2 4.000 4 3.800 5 3,700 Mileage 3.050 3.500 a) Using a 2-year moving average, the forecast for...
"The MAD for the forecast developed using a weighted 2-year
moving average with weights of 0.45 and 0.55 = __ miles (round
your response to one decimal place). (Hint: You will have only 3
years of matched data.)"
Score: 0 of 1 pt 3 of 5 (1 complete) HW Score: 0%, 0 of 5 pts Problem 4.5 Question Help The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest partly on the anticipated mileage to...
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