Quiz 2 Forecasting BME1101

1. Auto sales at Carmen’s Chevrolet are shown below. Forecast for week 5, 6 and 7 using 3-week
moving average. (3pts)

Week Auto Sales

1 8
2 10
3 16
4 11
5
6
7

2. The following table gives the number of pints of type A blood used at Damascus Hospital in the
past 6 weeks: (3pts)

A. The forecasted demand for the week of October 12 using a 3-week moving average
B. Using a 3-week weighted moving average, with weights of 0.20, 0.30 and 0.50, using 0.50 for
the most recent week, what will be the forecast for October 12?

3. The following table shows the actual demand observed over the last 11 years: (5 points)

A. Using the 3-year moving average, provide the forecast from periods 4 through 12 (Round
your answers to one decimal place)

4. A start up pastry business would like to forecast their sales for the 2nd month. Their sales for the
1st month of operations is 350 boxes of cakes. What is their forecasted sales for month 2? (3
points)

5. Using exponential Smoothing, calculate for the demand for year 2 (3pts)
Year 1 Actual demand = 6
A = 0.30
Forecast for year 1 = 5
6. The following table shows the actual demand observed over the last 4 years:

A. Using exponential smoothing with A = 0.40 and a forecast for year 1 of 6.0, provide the
forecast from year 2 to year 5 (5 points)
B. Using naïve approach and the table above, forecast the demand for year 2 to year 5
(3points)