Demand for patient surgery at Washington General Hospital has increased steadily in the past few years, as seen in the following table: YEAR OUTPATIENT SURGERIES PERFORMED 1 45 2 50 3 52 4 56 5 58 6 —...

Forecast using alpha 0.6
Exponential for 2
nd
year = Heart Plantation alpha + (1 � alpha) Previous forecast
= 45 0.6 + (1 - 0.6) 45
= 45
Exponential for 3
rd
year = Heart Plantation alpha + (1 � alpha) Previous forecast
= 50 0.6 + (1 - 0.6) 45
= 48
Exponential for 4
th
year = Heart Plantation alpha + (1 � alpha) Previous forecast
= 52 0.6 + (1 - 0.6) 48
= 50.40
Exponential for 5
th
year = Heart Plantation...