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The numbers of patient arrivals to the ER department at a local hospital for the past 5 weeks are: week: 1 , 2 , 3 , 4 , 5 arrivals: 405 ,420 , 400 , 380 , 411 a) Compute a three-week moving average forecast for the arrival of medical clinic patients in week 6. b) What is the forecast for week 7 given the available information? c) If the actual number of patient arrivals in week 6 is 415, what is the forecast error for week 4? d) What is the updated forecast for week 7 given the info in part c)? e) Calculate the forecast for week 7 using the exponential smoothing method with a smoothing factor? = 0.2. f) Which of the two forecasting methods is providing more accurate forecasts? Compare their performance to recommend one to the hospital for continued use.
Discuss the growth in the service sector and the decline of manufacturing in the United States
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Explain the term Marketing. Marketing: All organisations are occupied in producing products or services meant for utilize/consumption by people at large. Wants and needs are
mis in decision making
We, on behalf of Infovision feel that we could demonstrate certain improvement over our previous quarters. Our manufacturing productivity stands on a position of number two in the
WHAT IS MEAN BY RODUCT DESIGN IN OPERATION MANAGEMENT?
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Explain why IT is both a business pressure and an enabler of response activities that counter business pressures?
When JetBlue left their customers sitting on the tarmac for hours on Valentine's Day, and their CEO was ultimately terminated as a result, the company was responding to (pick the b
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