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Demand for patient surgery at Washington general Hospital has increased steadily in the past few years, as seen in the following table: YearOutpatient Surgeries Performed
Demand for patient surgery at Washington general Hospital has increased steadily in the past few years, as seen in the following table:
YearOutpatient Surgeries Performed
145
2 50
3 52
4 56
5 58
6-
The director of the medical services predicted 6 years ago that demand in year 1 would be 42 surgeries. Using exponential smoothing with a weight of X= 0.20, develop forecasts for years 2 through 6. What is the MAD?
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