TRANSYLVANIA HOSPITAL CASE STUDY

Transylvania Hospital Case Study

Transylvania Hospital Case Study

The forecast is the estimate of the value of a variable (or set of variables) at some future time. In this note we consider some of the methods of forecasting. A forecasting exercise is usually performed to provide an aid to decision-making and planning for the future. Usually, all the exercises as work on the premise that if we can predict what the future will be like now we can modify our behavior to be in a better position, which would otherwise have been, when the future arrives. Applications to include the ...