After plotting demand for four periods

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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 30 for the three periods from 1 to 4, for an average of +10 units. Period Actual Period Actual 1 208 6 261 2 220 7 268 3 228 8 279 4 238 9 292 5 258 10 Use α=.5 and β=.1, 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.)

Reference no: EM131037661

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