Question 2 (4 marks) The data below shows the number of pints of type A blood used at the Suva Private Hospital for the past 6 weeks Week Of No of litres used August 10 500 August 17 515 August 24 480 August 31 510 September 7 540 September 14 480 Based on the above, answer the following Predict the demand for the week of September 21 using a 3 week moving average (2 mark) (b) Use a 3 week weighted moving average, with weights of 0 4, 0 6 and 0 7, using 0 7 for the most recent week Now, forecast the demand for the week of September 21 (2 mark)

The Answer is in the image, click to view ...

Question: Question 2 (4 marks) The data below shows the number of pints of type A blood used at the Suva Private Hospital for the past

Question 2 (4 marks)

The data below shows the number of pints of type A blood used at the Suva Private Hospital for the past 6 weeks:

Week Of	No of litres used
August 10	500
August 17	515
August 24	480
August 31	510
September 7	540
September 14	480

Based on the above, answer the following:

Predict the demand for the week of September 21 using a 3-week moving average. (2 mark)

(b) Use a 3-week weighted moving average, with weights of 0.4, 0.6 and 0.7, using 0.7 for the most recent week. Now, forecast the demand for the week of September 21. (2 mark)

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer

Step: 1 Unlock blur-text-image

Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock

Step: 3 Unlock

Students Have Also Explored These Related General Management Questions!

Question 2 (4 marks) The data below shows the number of pints of type A blood used at the Suva Private Hospital for the past 6 weeks: Week Of No of litres used August 10 500 August 17 515 August 24...

Question 9, Problem 4.1 Part 2 of 6 The following table gives the number of pints of type A blood used at Damascus Hospital in the past 6 weeks: a) The forecasted demand for the week of October 12...

core: 1 of 3 pts 3 of 8 (8 complete) HW Score: 53.51%, 12.84 of 24 p Question Help Problem 4.1 The following table gives the number of pints of type A blood used at Damascus Hospital in the past 6...

b) using a 3-week weighted moving average, with weights of 0.15, 0.35, and 0.50, using 0.50 for the most recent week, the forecasted demand for the week of october 12 = how many pints? (round to 2...

round to 2 decimal places The following table gives the number of pints of type A blood used at Damascus Hospital in the past 6 weeks: a) The forecasted demand for the week of October 12 using a...

Old MathJax webview I need a professional answer to this question I need a professional answer for part c. What is the correct answer I should write in the box? Homework: Portfolio 1 Part 3 (chapter...

Pat28 HW Score: 11.37% 432 of 38 points Score: 0 5 0f 3 Save = Homework Homework 1 Forecasting (Fall 21) Question 1, Problem 4.1 The following table goes the number of parts of type A blood used at...

Problem 4.1 Question Hel The following table gives the number of pints of type A blood used at Damascus Hospital in the past 6 weeks: Week of August 31 September 7 September 14 September 21 September...

Chapter 4, Question 1, part a: The following gives the number of pints of type B blood used at Woodlawn Hospital in the past 6 weeks: WEEK OF August 31 September 7 September 14 September 21 September...

Digital Combat Sim. ED Forums Account Summary Canvas Pennsylvania's Pand. TU Portal -698-202103 Quiz2 HW Ch 4 Ch 4 Mar 2 at 6.38pm Instructions Question 1 The following gives the number of pints of...

A major source of revenue in Texas is a state sales tax on certain types of goods and services. Data are compiled and the state comptroller uses them to project future revenues for the state budget....

Selected Moore Company T-accounts are provided below for the year just ended: Raw Materials bal. 1/1 24,000 Credits ? Debts 138,000 bal. 31/12 34,000 Manufacturing overhead Debts 214,640 Credits ?...

Your total liabilities excluding mortgage debt should not exceed what percentage of your net worth excluding the value of your home if you are to have a manageable level of debt? Group of answer...

As the manager of Smith Construction, you need to make a decision on the number of homes to build in a new residential area where you are the only builder. Unfortunately, you must build the homes...