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1. The actual demand for the patients at Omaha Emergency Medical Clinic for the first six weeks of this year are as follows:
Week Actual # of Patients 1. 65 2. 62 3. 70 4. 48 5. 63 6. 52
1. Compute a simple exponential smoothing forecast for week 7 with ?=.5. Assume the forecast for week 1 is 65
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Consider mean arrival rate is 1 customer every 4 mins and mean service time is 5/2 mins. If waiting cost is $5 per unit per min and cost of serviceing one unit is $4. Find minimum
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