forecasting 9427433 2
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Need a 3 page paper in APA format.
Case Study 1: Forecasting
Using the Appendix 6-1, 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 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.
Appendix 6-1 Visit Volume for Northern College Health Services
|
Month |
Visits to Health 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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