Explain each step in the forecasting process for each method

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Reference no: EM131147401 , Length: 3

Case Study:

Forecasting - Using the Northern College Health Services, for this assignment, you will be providing a forecast of the number of clinic visits for November 2008 using the average change, confidence interval, average percent change, moving averages, and exponential smoothing forecasting methods.

Use the Internet or Strayer Library to research at least two (2) examples of the forecasting methods being used in health services organizations. Write a two to three (2-3) page paper in which you:

1. Explain each step in the forecasting process for each method.

2. Provide a brief summary of your researched health services organizations implementing the forecasting methods.

3. Provide a forecast of the number of clinic visits for November 2008 using each method of the forecasting process.

4. Conclude which forecasting method provides the best forecast, and provide a rationale for your conclusion.

Your assignment must follow these formatting requirements:

Be typed, double spaced, using Times New Roman font (size 12), with one-inch margins on all sides; citations and references must follow APA or school-specific format.

Check with your professor for any additional instructions.

- Include a cover page containing the title of the assignment, the student's name, the professor's name, the course title, and the date.

The cover page and the reference page are not included in the required assignment page length.

The specific course learning outcomes associated with this assignment are:

- Evaluate forecasting strategies and methods.

- Use technology and information resources to research issues in quantitative methods for health services.

- Write clearly and concisely about quantitative methods for health services using proper writing mechanics.


Month Helath Services


2005 Jan 21 2007 Jan 32

Feb 19
Feb 34

Mar 16
Mar 39

Apr 20
Apr 42

May 15
May 41

Jun 18
Jun 21

July 16
July 24

Aug 14
Aug 28

Sept 18
Sept 47

Oct 25
Oct 45

Nov 30
Nov 46

Dec 16
Dec 44
2006 Jan 22 2008 Jan 39

Feb 26
Feb 41

Mar 31
Mar 34

Apr 39
Apr 39

May 44
May 38

Jun 17
Jun 19

July 22
July 28

Aug 18
Aug 29

Sept 27
Sept 37

Oct 33
Oct 39

Nov 29



Dec 33


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Reference no: EM131147401

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