Question: ) Using a 2 year moving average, the forecast for yoar 6 = 3,778 miles (round your response to the nearest whole number) b) 1

) Using a 2 year moving average, the forecast for yoar 6 = 3,778 miles (round your response to the nearest whole number) b) 1 a 2-year moving average is used to make the forecast, the MAD based on this = 75.0 miles (round your response to ona 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 0.85 (the weight of 0.85 is for the most recent period) = 3,783 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 0.35 and 0.65 = 132.5 miles (round your response to ne decimal place) (Mint You will have only 3 years of matched data) d) Using exponential smoothing with a 040 and the forecast for year 1 being 3, 100. be forecast for year 6 - 3,671 miles (round your response to the newest whole number), The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest party on the anticipated mileage to be driven next year. The miles driven during the past 5 years are as follows Year Mileage 1 3.100 2 4.000 3 3,500 5 3.800 3.750 ) Using a 2 year moving average, the forecast for yoar 6 = 3,778 miles (round your response to the nearest whole number) b) 1 a 2-year moving average is used to make the forecast, the MAD based on this = 75.0 miles (round your response to ona 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 0.85 (the weight of 0.85 is for the most recent period) = 3,783 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 0.35 and 0.65 = 132.5 miles (round your response to ne decimal place) (Mint You will have only 3 years of matched data) d) Using exponential smoothing with a 040 and the forecast for year 1 being 3, 100. be forecast for year 6 - 3,671 miles (round your response to the newest whole number), The Carbondale Hospital is considering the purchase of a new ambulance. The decision will rest party on the anticipated mileage to be driven next year. The miles driven during the past 5 years are as follows Year Mileage 1 3.100 2 4.000 3 3,500 5 3.800 3.750

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