Read the Case study Healthcare Informatics and answer the following questions: 1. What should his forecast be
Question:
Read the Case study “Healthcare Informatics” and answer the following questions:
1. What should his forecast be using this method?
2. What would the forecast be if he used regression analysis?
3. What about time-series forecasting?
4. What will you tell him about which is the best option?
6. What is the average time the customer takes from when he/she arrives until he/she has a car?
7. Is that how Henry should set up the waiting area or is there a better way?
8. Is there is a better way to organize this part of the operations?
9. If the three months of data collected and presented above is indicative of all demand, how many forms should Henry order?
10. Would this be advantageous to Henry? How much money would it save, if any?
11. How many cars will need to be moved and what will the total cost of the move be?
12. Based on all the above computations, what would you recommend to Henry about his operation and what changes would you propose (if any)?
Introduction to Management Science A Modeling and Cases Studies Approach with Spreadsheets
ISBN: 978-0078024061
5th edition
Authors: Frederick S. Hillier, Mark S. Hillier