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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 - 3,000

2 - 4,050

3 - 3,450

4 - 3,850

5 - 3,700

d) Using exponential smoothing with a=.20, and the forecast for year 1 being 3,000, the forecast for year 6 is = ____ miles.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M93073988

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