Emergency Room

marlas

After plotting demand for four periods, an emergency room manager has concluded that a trend-adjusted exponential smoothing model is appropriate to predict future demand. The initial estimate of trend is based on the net change of 30 for the three periods from 1 to 4, for an average of +10 units.

    
 

PeriodActualPeriodActual
12116260
22277262
32248270
42419294
525710   

    
 

Use α=.5 and β=.1, and TAF of 250 for period 5. Obtain forecasts for periods 6 through 10. (Round your intermediate calculations and final answers to 2 decimal places.)

    
 

t Period     TAFt
6[removed]  
7[removed]  
8[removed]  
9[removed]  
10[removed]  

    • 11 years ago
    • 5
    Answer(0)
    Bids(1)