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. Period Actual Period Actual 1 205 264 2 234 279 3 229 289 4 294 5 234 254 6 7 8 9 10 Use a=0.60 and B=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.) t Period 6 7 8 9 10 TAFt

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. Period Actual Period Actual 1 205 264 2 234 279 3 229 289 4 294 5 234 254 6 7 8 9 10 Use a=0.60 and B=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.) t Period 6 7 8 9 10 TAFt

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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