Emergency Room
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. |
| Period | Actual | Period | Actual |
| 1 | 211 | 6 | 260 |
| 2 | 227 | 7 | 262 |
| 3 | 224 | 8 | 270 |
| 4 | 241 | 9 | 294 |
| 5 | 257 | 10 | |
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
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