A hospital records the number of floral deliveries its patients receive each

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Question 1

 

           A hospital records the number of floral deliveries its patients receive each day.  For a two week period (14 days), the records show:                               

 

      Day 1   25

       Day 2    37

       Day 3    36

        Day 4   34

        Day 5    38

       Day 6   31

        Day 7    36

        Day 8  29

        Day 9   25

       Day 10  38

       Day 11   35

      Day 12  36

      Day 13  27

      Day 14  33

 

             Use exponential smoothing with a smoothing constant of .35 to forecast the number of deliveries. (Be sure to provide a forecast for day fifteen, the point of the whole exercise)

 

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