Question: Problem 3-10 After plotting demand for four periods, an emergency room manager has concluded that a trend-adjusted exponential smoothing model is appropriate to predict future
Problem 3-10
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 thethreeperiods from 1 to 4, for an average of +10 units.
period actual
1 214
2 223
3 229
4 244
5 256
6 263
7 271
8 282
9 287
10
Use =.5 and =.1, and TAF of 250 for period 5. Obtain forecasts for periods 6 through 10.
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