Question: Problem 3. After plotting demand for four periods, an emergency room manager has concluded that a trend- adjusted exponential smoothing model is appropriate to predict

 Problem 3. After plotting demand for four periods, an emergency room

Problem 3. After plotting demand for four periods, an emergency room manager has concluded that a trend- adjusted exponential smoothing model is appropriate to predict future demand. The initial estimate of trend is based on the net change of 30 for the three periods from 1 to 4, for an average of + 10 units. Use a - 5 and B = .4, and TAF of 250 for period 5. Obtain forecasts for periods 6 through 10. Period Actual Period Actual 210 265 224 272 229 285 240 294 255

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