Exponentional smoothing models for demand forecasting in health care

The main goal of this paper is to present advantages that can be obtained by using quantitative methods to aid demand forecasting in health care sector, specially addressing the ambulance service. In this paper we will use exponential smoothing methods to obtain the most accurate forecast of number...

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Main Authors: Marcikić Aleksandra, Radovanov Boris
Format: Article
Language:English
Published: University of Pristina in Kosovska Mitrovica, Faculty of Economics 2014-01-01
Series:Ekonomski Pogledi
Subjects:
Online Access:https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2014/1450-79511402115M.pdf
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author Marcikić Aleksandra
Radovanov Boris
author_facet Marcikić Aleksandra
Radovanov Boris
author_sort Marcikić Aleksandra
collection DOAJ
description The main goal of this paper is to present advantages that can be obtained by using quantitative methods to aid demand forecasting in health care sector, specially addressing the ambulance service. In this paper we will use exponential smoothing methods to obtain the most accurate forecast of number of ambulance rides per day. The data set provides us information about the number of ambulance rides per day for three years period. Results show that additive Holt-Winters exponential smoothing method is the most suitable for forecasting the number of ambulance rides per day.
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spelling doaj.art-ae8b53d380e54fa78608fc7681d323552024-04-03T16:28:27ZengUniversity of Pristina in Kosovska Mitrovica, Faculty of EconomicsEkonomski Pogledi1450-79512334-75702014-01-0116211512410.5937/EkoPog1402115M1450-79511402115MExponentional smoothing models for demand forecasting in health careMarcikić Aleksandra0https://orcid.org/0000-0002-4199-4238Radovanov Boris1https://orcid.org/0000-0002-4728-7286Univerzitet u Novom Sadu, Ekonomski fakultet u Subotici, SerbiaUniverzitet u Novom Sadu, Ekonomski fakultet u Subotici, SerbiaThe main goal of this paper is to present advantages that can be obtained by using quantitative methods to aid demand forecasting in health care sector, specially addressing the ambulance service. In this paper we will use exponential smoothing methods to obtain the most accurate forecast of number of ambulance rides per day. The data set provides us information about the number of ambulance rides per day for three years period. Results show that additive Holt-Winters exponential smoothing method is the most suitable for forecasting the number of ambulance rides per day.https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2014/1450-79511402115M.pdfunivariate modelsforecastinghealth care management
spellingShingle Marcikić Aleksandra
Radovanov Boris
Exponentional smoothing models for demand forecasting in health care
Ekonomski Pogledi
univariate models
forecasting
health care management
title Exponentional smoothing models for demand forecasting in health care
title_full Exponentional smoothing models for demand forecasting in health care
title_fullStr Exponentional smoothing models for demand forecasting in health care
title_full_unstemmed Exponentional smoothing models for demand forecasting in health care
title_short Exponentional smoothing models for demand forecasting in health care
title_sort exponentional smoothing models for demand forecasting in health care
topic univariate models
forecasting
health care management
url https://scindeks-clanci.ceon.rs/data/pdf/1450-7951/2014/1450-79511402115M.pdf
work_keys_str_mv AT marcikicaleksandra exponentionalsmoothingmodelsfordemandforecastinginhealthcare
AT radovanovboris exponentionalsmoothingmodelsfordemandforecastinginhealthcare