Ask Question, Ask an Expert

+61-413 786 465

info@mywordsolution.com

Ask Operation Management Expert

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:

Year,1,2,3,4,5

Mileage,"3,100","4,000","3,400","3,800","3,750"

?b) If a? 2-year moving average is used to make the? forecast, the MAD based on this? =_____ miles ?(round your response to one decimal? place). ? (Hint: You will have only 3 years of matched? data.)

c) Compute the forecast for year 6 using exponential smoothing, an initial forecast for year 1 of 3,000 miles, and a = .5.

Operation Management, Management Studies

  • Category:- Operation Management
  • Reference No.:- M92505418

Have any Question?


Related Questions in Operation Management

1 list several disadvantages of a first movers

1. List several disadvantages of a "First Mover's" Disadvantages. How do you feel they compare to the advantages? 2. Do you feel that Porter's Five Forces and stakeholder analysis is sufficient to define a strategic dire ...

Marketing in healthcarein a recent contract negotiation

(Marketing in Healthcare) In a recent contract negotiation session between a group of physicians and a managed care health plan, the parties disagreed about the level of reimbursement that the physicians would receive fo ...

Gven the following lp model using solvermin 3s 9cst6s

Given the following LP model, using Solver Min 3S + 9C s.t. 6S + 10C 7S + 5C X , Y >= 0 a. What is the optimal value of the objective function? b. What are the optimal values of the two decision variables? c. Find the ra ...

1 in 300 words write a short essay on the corona v

1. In 300 words write a short essay on the Corona v. Corporation of the City of Mississauga case. (with a conclusion at the end) 2. At the Abendigo Division of Block C Enterprises the assembly of unit 4 of one particular ...

Need to answer all four discussion questionsalso specify

NEED TO ANSWER ALL FOUR DISCUSSION QUESTIONS...also specify which answer goes to which discussion question Question 1 Big Data in the Health Plan Industry Big data means using large amounts of information, such as drug c ...

You are stepping into the world of becoming an entrepreneur

You are stepping into the world of becoming an entrepreneur. For this assignment, and the next three (3), pick an industry and a business you would like to own. This business must require the purchase of new or used equi ...

According to the text five core job characteristics need to

According to the text, five core job characteristics need to be present for the critical psychological states to exist. Out of the five, is there any specific one that contributes more to high levels of the affective and ...

1 what you think about the concept of using professional

1. What you think about the concept of using professional certifications to drive learning and application in the healthcare information technology environment? 2. What is it about google's human resource practices and p ...

A local business leader is considering starting a business

A local business leader is considering starting a business in your area and has hired you to conduct a market analysis and deliver a formal report of your findings. Consider a market segment with which you are familiar. ...

1 which of the following is not an information requirement

1. Which of the following is not an information requirement for evaluating a process-oriented layout (the load-distance calculation)? A) a list of the equipment in each department B) the cost per unit of distance to move ...

  • 4,153,160 Questions Asked
  • 13,132 Experts
  • 2,558,936 Questions Answered

Ask Experts for help!!

Looking for Assignment Help?

Start excelling in your Courses, Get help with Assignment

Write us your full requirement for evaluation and you will receive response within 20 minutes turnaround time.

Ask Now Help with Problems, Get a Best Answer

Why might a bank avoid the use of interest rate swaps even

Why might a bank avoid the use of interest rate swaps, even when the institution is exposed to significant interest rate

Describe the difference between zero coupon bonds and

Describe the difference between zero coupon bonds and coupon bonds. Under what conditions will a coupon bond sell at a p

Compute the present value of an annuity of 880 per year

Compute the present value of an annuity of $ 880 per year for 16 years, given a discount rate of 6 percent per annum. As

Compute the present value of an 1150 payment made in ten

Compute the present value of an $1,150 payment made in ten years when the discount rate is 12 percent. (Do not round int

Compute the present value of an annuity of 699 per year

Compute the present value of an annuity of $ 699 per year for 19 years, given a discount rate of 6 percent per annum. As