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As you can see in the following table, demand for heart transplant surgery at Washington General Hospital has increased steadily in the past few years: Year 1 2 3 4 5 Heart Transplants 45.0 48.0 53.0 57.0 58.0 The director of medical services predicted 6 years ago that demand in year 1 would be 41.0 surgeries. a) Using exponential smoothing with a of 0.60 and the given forecast for year 1, the forecasts for years 2 through 6 are (round your responses to one decimal place): Year Forecast 1 41.0 2 43.4 For the forecast made using exponential smoothing with a = 0.60 and the given forecast for year 1, MAD= 5.2 surgeries (round your response to one decimal place). Using exponential smoothing with a of 0.90 and the given forecast for year 1, the forecasts for years 2 through 6 are (round your responses to one decimal place): Year Forecast 1 2 3 41.0 44.6 47.7 4 5 6 52.3 56.7 57.9 Year Forecast 3 4 5 6 46.16 50.26 54.3 56.5 For the forecast made using exponential smoothing with a = 0.90 and the given forecast for year 1, MAD = 3.74 surgeries (round your response to one decimal place). b) Forecasts for years 4 through 6 using a 3-year moving average are (round your responses to one decimal place): 4 5 6 48.7 52.7 56 For forecasts made using a 3-year moving average, MAD= 6.8 surgeries (round your response to one decimal place). c) Forecasts for years 1 through 6 using the trend-projection method are (round your responses to one decimal place): 1 3 Year Forecast 2 4 5 6

As you can see in the following table, demand for heart transplant surgery at Washington General Hospital has increased steadily in the past few years: Year 1 2 3 4 5 Heart Transplants 45.0 48.0 53.0 57.0 58.0 The director of medical services predicted 6 years ago that demand in year 1 would be 41.0 surgeries. a) Using exponential smoothing with a of 0.60 and the given forecast for year 1, the forecasts for years 2 through 6 are (round your responses to one decimal place): Year Forecast 1 41.0 2 43.4 For the forecast made using exponential smoothing with a = 0.60 and the given forecast for year 1, MAD= 5.2 surgeries (round your response to one decimal place). Using exponential smoothing with a of 0.90 and the given forecast for year 1, the forecasts for years 2 through 6 are (round your responses to one decimal place): Year Forecast 1 2 3 41.0 44.6 47.7 4 5 6 52.3 56.7 57.9 Year Forecast 3 4 5 6 46.16 50.26 54.3 56.5 For the forecast made using exponential smoothing with a = 0.90 and the given forecast for year 1, MAD = 3.74 surgeries (round your response to one decimal place). b) Forecasts for years 4 through 6 using a 3-year moving average are (round your responses to one decimal place): 4 5 6 48.7 52.7 56 For forecasts made using a 3-year moving average, MAD= 6.8 surgeries (round your response to one decimal place). c) Forecasts for years 1 through 6 using the trend-projection method are (round your responses to one decimal place): 1 3 Year Forecast 2 4 5 6

MATLAB: An Introduction with Applications
MATLAB: An Introduction with Applications
6th Edition
ISBN:9781119256830
Author:Amos Gilat
Publisher:Amos Gilat
Chapter1: Starting With Matlab
Section: Chapter Questions
Problem 1P
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As you can see in the following table, demand for heart transplant surgery at Washington General Hospital has increased steadily in the past few years: 2 3 4 48.0 53.0 57.0 5 58.0 Year 1 Heart Transplants 45.0 The director of medical services predicted 6 years ago that demand in year 1 would be 41.0 surgeries. a) Using exponential smoothing with a of 0.60 and the given forecast for year 1, the forecasts for years 2 through 6 are (round your responses to one decimal place): Year Forecast 1 41.0 2 43.4 Year Forecast 3 4 46.16 50.26 For the forecast made using exponential smoothing with a = 0.60 and the given forecast for year 1, MAD= 5.2 surgeries (round your response to one decimal place). Using exponential smoothing with a of 0.90 and the given forecast for year 1, the forecasts for years 2 through 6 are (round your responses to one decimal place): Year Forecast 1 41.0 2 3 4 5 44.6 47.7 52.3 56.7 1 For the forecast made using exponential smoothing with a = 0.90 and the given forecast for year 1, MAD = 3.74 surgeries (round your response to one decimal place). b) Forecasts for years 4 through 6 using a 3-year moving average are (round your responses to one decimal place): 4 5 6 48.7 52.7 56 For forecasts made using a 3-year moving average, MAD= 6.8 surgeries (round your response to one decimal place). c) Forecasts for years 1 through 6 using the trend-projection method are (round your responses to one decimal place): Year Forecast 2 5 54.3 3 4 6 56.5 5 6 57.9 6
Transcribed Image Text:As you can see in the following table, demand for heart transplant surgery at Washington General Hospital has increased steadily in the past few years: 2 3 4 48.0 53.0 57.0 5 58.0 Year 1 Heart Transplants 45.0 The director of medical services predicted 6 years ago that demand in year 1 would be 41.0 surgeries. a) Using exponential smoothing with a of 0.60 and the given forecast for year 1, the forecasts for years 2 through 6 are (round your responses to one decimal place): Year Forecast 1 41.0 2 43.4 Year Forecast 3 4 46.16 50.26 For the forecast made using exponential smoothing with a = 0.60 and the given forecast for year 1, MAD= 5.2 surgeries (round your response to one decimal place). Using exponential smoothing with a of 0.90 and the given forecast for year 1, the forecasts for years 2 through 6 are (round your responses to one decimal place): Year Forecast 1 41.0 2 3 4 5 44.6 47.7 52.3 56.7 1 For the forecast made using exponential smoothing with a = 0.90 and the given forecast for year 1, MAD = 3.74 surgeries (round your response to one decimal place). b) Forecasts for years 4 through 6 using a 3-year moving average are (round your responses to one decimal place): 4 5 6 48.7 52.7 56 For forecasts made using a 3-year moving average, MAD= 6.8 surgeries (round your response to one decimal place). c) Forecasts for years 1 through 6 using the trend-projection method are (round your responses to one decimal place): Year Forecast 2 5 54.3 3 4 6 56.5 5 6 57.9 6
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