After plotting demand for three periods, an emergency room manager has concluded that a Holt model is appropriate to predict future mand Use as a smoothing constant Period 1 2 3 4 Actual demand 210 224 240 250 Obtain the linear trend equation for the above data ( Y a b X) What is L1 What is T1 What is the forecast for period 1 (1 pt) What is L2 What is T2 What is the forecast for period 2 Suppose L4 3 and T4 1,What is the forecast for period 10 Can you show me how to do this in Excel 0 5 and 0 1

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Question: After plotting demand for three periods, an emergency room manager has concluded that a Holt model is appropriate to predict future mand. Use as a

After plotting demand for three periods, an emergency room manager has concluded that a Holt model is appropriate to predict future mand. Use as a smoothing constant.

Period 1 2 3 4

Actual demand 210 224 240 250

Obtain the linear trend equation for the above data. ( Y = a + b X)

What is L1 ?

What is T1 ?

What is the forecast for period 1? (1 pt)

What is L2 ?

What is T2 ?

What is the forecast for period 2?

Suppose L4 = 3 and T4 = 1,What is the forecast for period 10?

Can you show me how to do this in Excel?

=0.5 and =0.1

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