The following table gives the number of pints of type A blood used at Damascus Hospital...

The following table gives the number of pints of type A blood used at Damascus Hospital in the past 6 weeks:

Week Of	Pints Used
August 31	350
September 7	372
September 14	408
September 21	378
September 28	366
October 5	378

a) The forecasted demand for the week of October 12 using a 3-week moving average = _______ pints (round your response to two decimal places).

Solutions

Expert Solution

Answer:

From the given data we need to find the Moving average.

Moving average = Average demand in 3 week period.

Moving average upto Oct 12 =

[Average demand in (September 21) + (September 28) + (October 5)] / 3

= 378 + 366 + 378 / 3

= 1,122 / 3

= 374.

Forecast the demand for the week of October 12 using a 3-week moving average = 374 points.

ekkarill92 answered 2 years ago

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