The MAD for the forecast developed using a weighted 2 year moving average with weights of .35 and .65 =___ miles (round your response to one decimal place).

d) Using exponential smoothing with a=.50 and the forecast for year 1 being 3100 the forecast for year 6 =___ miles (round your response to the nearest whole number).

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: Year 3 1 3.100 2 4,000 4 3,750 5 3,700 Mileage 3,500 a) Using a 2-year moving average, the forecast for year 6 = 3725 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 = 41.7 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 0.35 and 0.65 (the weight of 0.65 is for the most recent period) = miles (round your response to the nearest whole number)