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) =______miles (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 =____miles (round your response to one decimal place). (Hint: You will have only 3 years of matched data.)

d) Using exponential smoothing with =0.20 and the forecast for year 1 being 3,000, 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 on the anticipated mileage to be driven next year. The miles driv Year 1 2 3 4 5 Mileage 3,000 4,000 3,400 3,750 3,800