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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.
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The material is obtained from a nearby supplier also has a 12-hour cycle time. An efficiency factor of 0.15 has been assigned to this cell. Illustrate what is the optimum number of containers to support this operation.
Determine the critical path and the expected completion time of the project. Plot the total project cost, starting from day 1 to the expected completion date of the project,
Determine the number of drives the manager should order each month in order to meet 85% of customer demand.
What are the costs and benefits of marketing prescription drugs directly to physicians?
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