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As you can see in the following table, demand for heart transplant surgery at Vancouver General Hospital has increased steadily in the past few
As you can see in the following table, demand for heart transplant surgery at Vancouver General Hospital has increased steadily in the past few years: Year Heart Transplants 1 2 3 4 5 48.0 52.0 53.0 56.0 57.0 The director of medical services predicted 6 years ago that demand in year 1 would be 44.0 surgeries. a) Using exponential smoothing with a smoothing constant of 0.60 and then with one of 0.90, to develop forecasts for years 2 through 6. Using exponential smoothing with a smoothing constant of 0.60 and the given forecast for year 1, the forecasts for years 2 through 6 are (round your responses to one decimal place): Year 1 2 3 4 5 6 Forecast 44.0
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