The Carbondale Hospital is considering the purchase of a newambulance. The decision will rest partly on the anticipated mileageto be driven next year. The miles driven during the past 5 yearsare as follows:
Year
1
2
3
4
5
Mileage
3,000
3,950
3,500
3,850
3,800
Part 2
a) Using a 2-year moving average, the forecast foryear 6 =
38253825
miles (round your response to the nearestwhole number).
Part 3
b) If a 2-year moving average is used to makethe forecast, the MAD based on this =
91.791.7
miles (round your response to one decimal place). (Hint: You will have only 3 years ofmatched data.)
Part 4
c) The forecast for year 6 using a weighted 2-year movingaverage with weights of
0.45 and 0.55 (the weight of 0.55 is for the mostrecent period) =
enter your response here __________________________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
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