Practical Management Science
Practical Management Science
6th Edition
ISBN: 9781337406659
Author: WINSTON, Wayne L.
Publisher: Cengage,
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4 Trinity General Hospital had the following number of
patient admissions during the past 8 weeks
Patient
Week
Admissions
1
120
145
3
95
4
112
5
130
6.
110
7
100
140
Develop a 3-weck weighted average forecast for
Week 4 through 9 with weights
a
W1 =
0.2
W2 =
0.3
W3 =
0.5
Forecast patient admissions for week 9 using simple
| exponential smoothing with a = 0.2. Assume that the
forecast for Week 2 (F2) is the naïve forecast.
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Transcribed Image Text:4 Trinity General Hospital had the following number of patient admissions during the past 8 weeks Patient Week Admissions 1 120 145 3 95 4 112 5 130 6. 110 7 100 140 Develop a 3-weck weighted average forecast for Week 4 through 9 with weights a W1 = 0.2 W2 = 0.3 W3 = 0.5 Forecast patient admissions for week 9 using simple | exponential smoothing with a = 0.2. Assume that the forecast for Week 2 (F2) is the naïve forecast.
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