Question: HOW TO CALCULATE MAD? PLEASE DO NOT USE MICROSOFT EXCELL TO CALCULATE As you can see in the following table, demand for heart transplant surgery

HOW TO CALCULATE MAD? PLEASE DO NOT USE MICROSOFT EXCELL TO CALCULATE
As you can see in the following table, demand for heart transplant surgery at Washington General Hospital has increased steadily in the past few years: The director of medical services predicted 6 years ago that demand in year 1 would be 42.0 surgeries. a) Using exponential smoothing with 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): For the forecast made using exponential smoothing with =0.60 and the given forecast for year 1 , MAD = surgeries (round your response to one decimal place)Step by Step Solution
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