BSOP 330 Week 1 Lab Assignment Problems 4.1, 4.5, 4.9 and 4.11, pages 140-141
Problems: 4.1, 4.5, 4.9 and 4.11, pages 140-141.
Problems: 4.1: The following gives the number of pints of type A blood used at Woodlawn Hospital in the past 6 weeks:
a) Forecast the demand for the week of October 12 using a 3-week moving average.
b) Use a 3-week weighted moving average, with weights of .1, .3, and .6, using .6 for the most recent week. Forecast demand for the week of October 12.
c) Compute the forecast for the week of October 12 using exponential smoothing with a forecast for August 31 of 360 and α = .2.
Problems: 4.5: 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: