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Q 3 . During the past covid 1 9 pandemic in 2 0 2 2 , the following is the table on the demand for
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During the past covid pandemic in the following is the table on the demand for ICU beds per month in a hospital.
tableMonthDemand for ICU beds
Compute the forecast for ICU beds in month using latest months moving average from the table.
What is the forecast for ICU beds in month IF the month actual demand for ICU beds is using the latest month moving average?
Compute the forecast for ICU beds in month using the latest months weighted average using Weight Factors of and for months and respectively?
Compute the forecast demand for ICU beds in month using exponential smoothing equation.
Assume the smoothing constant is
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