Question: Note: Please answer this question only by typing your answers in the typing space available for this question The actual demand for the patients at

 Note: Please answer this question only by typing your answers in

Note: Please answer this question only by typing your answers in the typing space available for this question The actual demand for the patients at Omaha Emergency Medical Clinic for the first 6 weeks of this year follows: Clinic administrator wants you to forecast patient demand at the clinic for week 7 by using this data. You decide to use a weighted moving auerage method to find this forecast Your method uses four actual demand levels, with weights of 0.333 in the present period, 0.25 one penod ago, 0.25 two periods 390 , and 0.167 three periods ago. a) What is the value of your forecast? b) If instead, the weights were 20,15,15, and 10 respectwely, how would the forecast change? Explain why c) Calculate the WAPE for both cases [10 Marks]

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