The acutal number of patients at Omaha Emergency Medical Clinic for the first si
ID: 408924 • Letter: T
Question
The acutal number of patients at Omaha Emergency Medical Clinic for the first six weeks of this year follows:
Clinic Administrator Marc Schnider wants you to forecast patient numbers at the clinic for week 7 by using this data. You decid to use a weighted moving average method to find the forecast. Your method uses four actual demand levels, with weights of 0.333 on the present period, 0.250 one period ago, 0.250 two periods ago, adn 0.167 three periods ago.
What is the value of your forecast (round to two decimal places)
week Number of actual patients 1 85 2 89 3 97 4 80 5 86 6 95Explanation / Answer
patient numbers at the clinic for week 7 = 0.333*95 + 0.250*86 + 0.250*80 + 0.167*97
= 31.635 + 21.5 + 20 + 16.199 = 89.33
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