1answer.
Ask question
Login Signup
Ask question
All categories
  • English
  • Mathematics
  • Social Studies
  • Business
  • History
  • Health
  • Geography
  • Biology
  • Physics
  • Chemistry
  • Computers and Technology
  • Arts
  • World Languages
  • Spanish
  • French
  • German
  • Advanced Placement (AP)
  • SAT
  • Medicine
  • Law
  • Engineering
Andrew [12]
3 years ago
7

The Carbondale Hospital is considering the purchase of ambulance. The TheXarbondale Hospital is considering the purchase of ambu

lance. The decision will rest partly on the anticipated mileage" be driven next year. The miles driven during the past 5
years are as follows:
Year Mileage
1 3000
2 4000
3 3400
4 3800
5 3700
a) Forecast the mileage for next year using a 2-year moving average.
b) Find the MAD based on the 2-year moving average forecast in part (a), (Hint: You will have only 3 years of matched data.)
c) Use a weighted 2-year moving average with weights of .4 and .6 to forecast next year's mileage. (The weight of .6 is for the most recent year.) What MAD results from using this approach to forecasting? (Hint: You will have only 3 years of matched data.)
d) Compute the forecast for year 6 using exponential smoothing, an initial forecast for year 1 of 3,000 miles, and a = .5.
Business
1 answer:
babunello [35]3 years ago
5 0

Answer:

Explanation:

A) using 2-year moving average :

Year 6 : (3800 + 3700) = 7500 / 2 = 3750

2) Mean absolute deviation based on the forecast above :

(3000 + 4000) = 7000/2 = 3500

(4000 + 3400) = 7400/2 = 3700

(3400 + 3800) = 7200/2 = 3600

3000

4000

3400 __3500__100

3800__3700__100

3700__3600__100

Mean absolute deviation = (100 + 100 + 100) /3 = 300/3 = 100

C) weight of 0.4 and 0.6

(0.4*3000 + 0.6*4000) = 3600

(0.4*4000 + 0.6*3400) = 3640

(0.4*3400 + 0.6*3800) = 3640

3000

4000

3400 __3600__200

3800__3640__160

3700__3640__60

(200 + 160 + 60) = 420 / 3 = 140

You might be interested in
Pogisa is a director at trendz corp. after studying and consulting with experts, pogisa votes to have trendz sell a tract of lan
Alenkasestr [34]

She may be entitled to protection under the <u>Business Judgement Rule</u>, which is a doctrine that courts generally defer to the business decisions of company executives when the decisions were in good faith.  

4 0
3 years ago
Discuss the potential problems for a business which does not keep adequate business records. (8 marks)
polet [3.4K]

it's mostly custumer service most of the time of take care of that mostly ok

4 0
3 years ago
Consumer demand for personal computers or smart devices ultimately determines the demand for the parts and materials involved in
Aliun [14]

Answer:

The correct answer is c. Derived demand .

Explanation:

Derived demand is the demand for goods and services that is generated as a result of the demand for other goods and services. This type of demand usually corresponds to the demand for factors or products, since the demand for a good or service may be related to the process necessary to produce another good or service, although it can affect both producers and consumers.

Derived demand can sometimes lead to an increase in the price of a marginal product, since the demand for the resources needed to produce a physical product also increases.

8 0
2 years ago
which account option is designed to house money for easy access, either by check or by debit card? certificate of deposit checki
marta [7]

A checking account is the type of account option that is designed to house money for easy access, either by check or by debit card.

<h3>What is a checking account?</h3>

It is also called a transaction account. It is a bank account that allows you to easily deposit & withdraw money for daily transactions. A checking account can also include depositing a check you receive, taking out cash with your debit card or setting up direct deposit for your paychecks.

Hence, the checking account is the type of account option that is designed to house money for easy access, either by check or by debit card.

Therefore, the Option B is correct.

Read more about checking account

brainly.com/question/24751568

#SPJ1

7 0
1 year ago
At the end of the next four years, a new machine is expected to generate net cash flows of $8,000, $12,000, $10,000, and $15,000
erik [133]
I would say alot of money
7 0
3 years ago
Other questions:
  • Business-________ marketing is the marketing of products and services to companies, governments, or not-for-profit organizations
    11·1 answer
  • Samson and Sons purchased a 6-month insurance policy for $1,200 which covers the months July through December. Initially the ent
    5·1 answer
  • In economics, workers are both producers and which of the following?
    8·1 answer
  • The Broom Maker currently has annual sales of $387,000 and is operating at 88 percent of capacity. The profit margin of 5.5 perc
    8·1 answer
  • You are torn between two saving accounts where to put your $1,500 in scholarship money for a year until you need it for next yea
    5·1 answer
  • Why would a country want to establish absolute advantage?
    9·1 answer
  • Earning revenue ____________________ a. decreases assets, increases liabilities b. increases assets, decreases stockholders' equ
    5·1 answer
  • Suppose the economy is self-regulating, the price level is 132, the quantity demanded of Real GDP is $4 trillion, the quantity s
    15·1 answer
  • Identity theft and financial fraud<br> have declined in recent years.<br> TRUE,<br> FALSE
    12·2 answers
  • Kaspar Industries expects credit sales for January, February, and March to be $220,000, $260,000, and $300,000, respectively. It
    15·1 answer
Add answer
Login
Not registered? Fast signup
Signup
Login Signup
Ask question!