Compute forecast for the week using exponential smoothing

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The following gives the number of pints of type A blood used at Woodlawn Hospital in the past 6weeks.

Week Of     Pints Used

August 31        360
September 7     389
September 14   410
September 21   381
September 28   373
October 5        402

(a) Forecast the demand for the week of October12 using a 3-week moving average.

(b) Use a 3-week weighted moving average, withweights 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 October12 using exponential smoothing with a forecast for August 31 of 360

Reference no: EM13258870

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