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
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. Use α = .5 and β = .4, and TAF of 250 for period 5. Obtain forecasts for periods 6 through10.
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Period Actual Period Actual 2 10
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Posted Date: December 30, 2014 06:49:19
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