Question: miles (round a) Using a 2-year moving average, the forecast for year 6= your response to the nearest whole number). b) If a 2-year moving

miles (round a) Using a 2-year moving average,

miles (round a) Using a 2-year moving average,

miles (round a) Using a 2-year moving average, the forecast for year 6= 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 = 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 0.40 and 0.60 (the weight of 0.60 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 0.40 and 0.60 = miles (round your response to one decimal place). (Hint: You will have only 3 years of matched data.) d) Using exponential smoothing with a = 0.40 and the forecast for year 1 being 3,100, the forecast for year 6 = nearest whole number). miles (round your response to the Homework: Chapter 4 Homework Score: 0.15 of 1 pt 10 of 18 (18 complete) HW SC Problem 4.5 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: 5 Year Mileage 1 3,050 2 4,050 3 3,400 4 3.850 3,700 a) Using a 2-year moving average, the forecast for year 6 = miles (round your response to the nearest whole number)

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