Part 2: Capacity and Forecasting Chalmers Regional Hospital has recorded its demand for type B Blood Units
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Question:
Part 2: Capacity and Forecasting
Chalmers Regional Hospital has recorded its demand for type B Blood Units as follows for the past six-week period:
Part 2 Table | |
---|---|
Week of | Units |
April 10 | 340 |
April 17 | 389 |
April 24 | 406 |
May 1 | 394 |
May 8 | 414 |
May 15 | 422 |
With the data provided, calculate the number of units that will be required for the week of May 22, using a rolling three-week average.
Using the same data, calculate a weighted average for the rolling three-week periods, using the weighting values of 10% for the oldest period, 30% for the next oldest period, and 60% for the most recent period. What forecast would this provide for the week of May 22 and, also, for the week of May 29?
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