forecasting | MAT 543 Quantitative Methods for Health Services | Strayer University

 Forecasting
Overview
Using the Northern College Health Services visit volume in  Appendix 6-1 on page 113 of the textbook, 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 or Strayer Library to research at least two examples of the  forecasting methods being used in health services organizations.
Instructions
Write a 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.
  5. This course requires the use of Strayer Writing Standards. For  assistance and information, please refer to the Strayer Writing  Standards link in the left-hand menu of your course. Check with your  professor for any additional instructions.
    The specific course learning outcome associated with this assignment is:
     
  • Prepare a forecast for a health services organization that uses each method of the forecasting process.
  • By submitting this paper, you agree: (1) that you are  submitting your paper to be used and stored as part of the SafeAssign™  services in accordance with the Blackboard Privacy Policy;  (2) that your institution may use your paper in accordance with your  institution’s policies; and (3) that your use of SafeAssign will be  without recourse against Blackboard Inc. and its affiliates.  

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550 words
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