11. Use all 36 months of data in Table 10.1. a. Deseasonalize the data. Use each month...

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11. Use all 36 months of data in Table 10.1.

a. Deseasonalize the data. Use each month as a season.

b. Develop the regression equation for the deseasonalized data.

c. Formulate the trend forecasts for each month of next year.

d. Adjust the trend forecasts for seasonality.

e. Plot the surgery volume over the past 36 months along with the forecasts for the same periods. Does the forecasting model provide a good fit to the actual data?

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Related Book For  book-img-for-question

Operations Management In Healthcare Strategy And Practice

ISBN: 9780826126528,9780826126535

1st Edition

Authors: Corinne M. Karuppan , Nancy E. Dunlap,Michael R. Waldrum

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