d. Using exponential smoothing with alpha = 0.40 and the forecast for year 1 being

3,100 , 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 driven during the past 5 years are as follows: Year 1 2 3 4 5 Mileage 3,100 4,050 3,450 3,750 3,700 a) Using a 2-year moving average, the forecast for year 6 = 3725 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 miles (round your response to one decimal place). (Hint: You will have only 3 years of matched data.) miles (round your response 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) = to the nearest whole number)