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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 33 for thethreeperiods from 1 to 4, for an average of +11.00 units.
Period Actual Period Actual
1 203 6 266
2 236 7 281
3 231 8 291
4 236 9 296
5 256 10
Use =.50 and =.10, and TAF of 240 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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