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
1 201 6 262
2 222 7 271
3 228 8 282
4 231 9 282
5 254 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.)

t Period TAFt
6
7
8
9
10

 

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Have no idea what I am doing for questions 2-4. When I look in my
text book it is not clear to me how to solve these.

1 Attachment
1.Award: 10.00 pointsProblem 3-8Air travel on Mountain Airlines for the past 18 weeks was:WeekPassengersWeekPassengers140510440241011446342012451441513455541214464642015466742416474843317476943818482b.Use an appropriate technique to develop a forecast for the expected number of passengers for the nextthree weeks.(Round your intermediate calculations to 4 decimal places and final answers to 2decimal places.)WeekForecasted Demand192021Hint #1ReferencesWorksheetDifficulty: 2 MediumProblem 3-8Learning Objective:03-11 Prepare alinear trend forecast.HintsPage 1 of 3Assignment Print View1/8/2017http://ezto.mheducation.com/hm.tpx
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2.Award: 10.00 points3.Award: 10.00 pointsProblem 3-10After plotting demand for four periods, an emergency room manager has concluded that a trend-adjustedexponential smoothing model is appropriate to predict future demand. The initial estimate of trend is basedon the net change of 30 for thethreeperiods from 1 to 4, for an average of +10 units.PeriodActualPeriodActual12136268222972683226828342439296525310Use α=.5 and β=.1, and TAF of 250 for period 5. Obtain forecasts for periods 6 through 10.(Round yourintermediate calculations and final answers to 2 decimal places.)t PeriodTAFt678910ReferencesWorksheetDifficulty: 3 HardProblem 3-10Learning Objective:03-12 Prepare atrend-adjustedexponentialsmoothing forecast.Problem 3-11Page 2 of 3Assignment Print View1/8/2017http://ezto.mheducation.com/hm.tpx
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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
1 213 6 269
2 228 7 276
3 223 8 276
4 243 9 283
5 252 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.)

t Period TAFt
6
7
8
9
10

 

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A company offers ID theft protection using leads obtained from client banks. Three employees work 40 hours a week on the leads, at a pay rate of $40 per hour per employee. Each employee identifies an average of 3,300 potential leads a week from a list of 4,600. An average of 3 percent of potential leads actually sign up for the service, paying a one-time fee of $80. Material costs are $1,100 per week, and overhead costs are $9,000 per week.

Calculate the multifactor productivity for this operation in fees generated per dollar of input. (Round your answer to 2 decimal places.)

 

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