Question: Can you give explanations for answers please. Chapter 8: Forecasting at Valley Memorial Hospital 1. Develop a forecast of the Total number of helicopter flights

Can you give explanations for answers please.Can you give explanations for answers please.Can you give explanations for answers please.

Chapter 8: Forecasting at Valley Memorial Hospital 1. Develop a forecast of the Total number of helicopter flights monthly for the next 12 months. Use the Simple Mean or Average forecast method to determine the Actual and Missed flights 2. Present your results in a memo that explains the forecasting technique used, the basis for its selection, and illustrates the reliability of your forecast. 12 95 21 99 Helicopter Service Valley Memorial Helicopter Demand Data 2001 2002 2003 2004 Actual Missed Total Actual Missed Total Actual Meissed Total Actual Missed Total Jan 0 60 68 93 12 105 111 40 151 Feb 37 37 107 25 124 Mar 44 0 44 85 9 94 86 19 105 112 21 133 API 0 47 92 12 104 94 12 106 103 29 132 May 62 0 62 100 23 123 93 113 34 147 Jun 59 59 70 9 79 92 8 100 107 33 140 Jul 71 0 71 112 11 123 96 8 104 Aug 111 106 13 119 Sep 0 67 99 14 113 112 21 133 Oct 62 62 11 109 119 21 140 Nov 57 57 85 12 97 118 12 130 Dec 65 0 65 118 10 128 106 23 129 54 54 99 12 98

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