This is a Blackboard Essay topic discussion:
Statistical concepts, optimization, heuristics, simulation and forecasting are major topics taught to all operations research professionals and useful within the healthcare industry. Forecasting demand is of particular interest for health services and is an important step in managerial decision making for all healthcare organizations. It is important for healthcare mangers to understand the advantages and disadvantages of each method, and then, select the method that will best meet the organization’s needs. First, differentiate between the two major types of forecasts. Second, describe a moving average forecast. Lastly, describe trend forecasting and the four key steps in the forecasting process.
Health Care Operations Management, 2nd ed
A systems perspective
You can use summaries of the book if you cannot find in online for free
Authors: James R. Langabeer II
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