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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
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 29 for the three periods from 1 to 4 , for an average of +9.67 units. Click here for the Excel Data File Use =0.60 and =0.15, and TAF of 250 for period 5 . Obtain forecasts for periods 6 through 10 . (Round your intermediate calculations and final answers to 2 decimal places.)
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