Question: MAD for part below part C & Part D The Carbondale Hospital is considering the purchase of a new ambulance The decision will rest partly

MAD for part below part C & Part D The Carbondale
MAD for part below part C
& Part D
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 milos driven during the past 5 years are as follows: 1 3 100 Year 2 3 4 5 Mileage 4050 3,500 3,800 3.800 a) Using a 2 year moving average the forecast for year 6 - 3800 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 mes yound your response to one decimal poco) font you ww have only 3 years of matched data) The forecast for your 6 using a weighted 2 your moving average with weights or 0.35 and 0.65 cho wogut 085 ss for the most recent period (3800 miles fround your response to the nearest whole number) The MAD for the forecast developed using a weighted 2 vear moving average with weights of 0 35 and 0 65 miles frowed your response to ne decimal pilice) (Hint You will have only 3 years of matched data) 4) Using exponential smoothing with a = 0.40 and the forecast for yeat 1 being 3 100 the forecast for year 6 = [] miles fround your response to the nearest whole st number)

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