Considering the purchase of new abulance

Assignment Help Operation Management

Reference no: EM13961026

The Cabondale Hospital is considering the purchase of a new abulance. 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 mileage 3,000 year 2 mileage 4,000 year 3 mileage 3,400 year 4 mileage 3,800 year 5 mileage 3,700 compute the forecast for year 6 using exponential smoothing with a=.1 and a=.5. The initial forecast for year 1 is 2,500.

Reference no: EM13961026

Questions Cloud

What initial velocity should it be hit to land in the hole : If the ball is struck and leaves the ground at an initial angle of 30 degree with the horizontal, then with what initial velocity should it be hit to land in the hole?

Leader versus manager-current challenges in health care : Consider the definitions of "leader" and "manager." Which do you believe is most influential in the health care organization? What barriers or challenges do leaders need to respond to and focus on in the current environment?

Does the food become radioactive.discuss the answer : Is carbon dating more appropriate to measure the age of materials that are a few years old, or a few thousand years old or a few million years old?

Calculate the payback in years : A newly purchased piece of equipment costs $4,000,000 initially. Estimated yearly cash flow is 25 percent of the initial cost.

Considering the purchase of new abulance : The Cabondale Hospital is considering the purchase of a new abulance. 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 mileage 3,000 year 2 mileage 4,000 ..

Production economics and decisions : From the scenario for Katrina's Candies, determine the relevant costs for the expansion decision, and distinguish between the short run and the long run costs. Recommend the key decision-making criteria that Katrina's Candies should use for expans..

Determine the power dissipated in the 10 ohm resistor : Determine the power dissipated in the 10 ohm resistor in both case (a) and case (b).

Develop an overview for a training program on diversity : Develop an overview for a training program on diversity and inclusion for your organizations first line supervisors

Medicine begins her day with patients needing urgent care : A practitioner of family medicine begins her day with five patients needing urgent care. She does a very brief assessment of what each patient appears to need and estimates the time required of each. None of the cases is life-threatening, and so she ..

User Account

All Pages