Using the figures in Table 1, forecast the number of surgeries in year 9 using a 3-year moving average and exponential smoothing using an alpha of 0.20and assuming that the forecast for period 8 is 750
Using the figures in Table 1, forecast the number of surgeries in year 9 using a 3-year moving average and exponential smoothing using an alpha of 0.20and assuming that the forecast for period 8 is 750
Elements Of Electromagnetics
7th Edition
ISBN:9780190698614
Author:Sadiku, Matthew N. O.
Publisher:Sadiku, Matthew N. O.
ChapterMA: Math Assessment
Section: Chapter Questions
Problem 1.1MA
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Question
Using the figures in Table 1, forecast the number of surgeries in year 9 using a 3-year moving average and exponential smoothing using an alpha of 0.20and assuming that the forecast for period 8 is 750
![Orange Grove Veterinary Clinic
Orange Grove Veterinary Clinic is located in the small suburban town of Orange Grove. It is
owned and operated by the award-winning veterinarian Dr. Lewis Collins. This clinic employs 10
other skillful veterinarians full time and 4 full time veterinary technicians. Opening hours are
Monday to Friday 8am to 5pm and on Saturday 8am to 12pm. Orange Grove Veterinary Clinic is
targeted to provide veterinary services to the residents of Orange Grove and the rapidly
growing neighboring communities. This clinic has been in operation for over 10 years now. It
provides services such as pet supplies, day care services, vaccination and surgery. Orange
Veterinary Clinic has gained the trust of multiple international businesses whereby many
partnerships were established throughout the 5 years of operation. Orange Grove Veterinary
Clinic has identified three direct competitors that are located within its vicinity. Its aim is to
stand out from these competitors and to position itself as the best option for quality veterinary
services.
Due to the desire for expanding the business and a new building, it is vital for Orange Grove to
maximize sales in advance of this move. Consequently, Orange Grove Veterinary Clinic has
decided to add a few services to its list of services: grooming, pharmacy and home services.
The operations manager is faced with a number of issues and decisions that must be taken in
order to make the operation more efficient and effective. One such decision is process and
capacity design. In this area, he must decide the amount and type of technology that should be
used. Currently, the clinic is using ultrasound and MRI technology to help with its operations.
The number of surgeries done at the clinic per year will help to determine the extent to which
technology will be utilized. The table below gives the number of surgeries that were done over
the last 8 years.
Table 1
Year
No
of
Surgeries done
1
260
2
390
3
425
480
5
530
6.
600
7
680
725
The Operations Manager decides to use these figures to predict the number of surgeries that
will be done in the next few years.](/v2/_next/image?url=https%3A%2F%2Fcontent.bartleby.com%2Fqna-images%2Fquestion%2F86f2537f-9d29-4c47-890a-b5c900cb85d5%2Ff70e7954-b0e1-4616-bd0e-7030b5f0b7ca%2Fd64el5r_processed.png&w=3840&q=75)
Transcribed Image Text:Orange Grove Veterinary Clinic
Orange Grove Veterinary Clinic is located in the small suburban town of Orange Grove. It is
owned and operated by the award-winning veterinarian Dr. Lewis Collins. This clinic employs 10
other skillful veterinarians full time and 4 full time veterinary technicians. Opening hours are
Monday to Friday 8am to 5pm and on Saturday 8am to 12pm. Orange Grove Veterinary Clinic is
targeted to provide veterinary services to the residents of Orange Grove and the rapidly
growing neighboring communities. This clinic has been in operation for over 10 years now. It
provides services such as pet supplies, day care services, vaccination and surgery. Orange
Veterinary Clinic has gained the trust of multiple international businesses whereby many
partnerships were established throughout the 5 years of operation. Orange Grove Veterinary
Clinic has identified three direct competitors that are located within its vicinity. Its aim is to
stand out from these competitors and to position itself as the best option for quality veterinary
services.
Due to the desire for expanding the business and a new building, it is vital for Orange Grove to
maximize sales in advance of this move. Consequently, Orange Grove Veterinary Clinic has
decided to add a few services to its list of services: grooming, pharmacy and home services.
The operations manager is faced with a number of issues and decisions that must be taken in
order to make the operation more efficient and effective. One such decision is process and
capacity design. In this area, he must decide the amount and type of technology that should be
used. Currently, the clinic is using ultrasound and MRI technology to help with its operations.
The number of surgeries done at the clinic per year will help to determine the extent to which
technology will be utilized. The table below gives the number of surgeries that were done over
the last 8 years.
Table 1
Year
No
of
Surgeries done
1
260
2
390
3
425
480
5
530
6.
600
7
680
725
The Operations Manager decides to use these figures to predict the number of surgeries that
will be done in the next few years.
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