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The hospital s administration is considering the following forecasting methods. Begin error measurement in year 3 so all methods are compared for the same years.

The hospitals administration is considering the following forecasting methods. Begin error measurement in
year 3 so all methods are compared for the same years.
a. Exponential smoothing, with a =0.6. Let the initial
forecast for year 1 be 45, the same as the actual demand.
b. Exponential smoothing, with a =0.9. Let the initial
forecast for year 1 be 45, the same as the actual demand

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