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Assignment 4.docx
1. Assignment 4
please find the attached files. let me know in case of anything. its always a pleasure. good
bye9.3copaymentExtra chargespatients
coveredinitialfinalchange$20$25$5#######40,0002.5Total costs for 2.5 visits
annually$500,000forecast for the change in the number1.00 of visitsaverage visits per
year9.7MonthPQ121193218197315256424197Q300250200y = -7.3013x +
363.851501005000510152010.6PNOPtotal$400$350$300$250$200$150$100$50$1,800D
1$160$140$120$100$80$60$40$20$72056049042035028021014070$2,5205182316212
1471824781527392022310192251124198Q-43.8078regression graph320.04227.3013x +
363.85QLinear (Q)2025s800700600500400300200100$3,60030demand curve$500$400P
$300$200$100$01 2 3 4 5 6 7 81220211Running head: ECONOMICS IN
HEALTHCAREEconomics in HealthcareNameInstitutionCourseDate1ECONOMICS IN
HEALTHCARE1. Case 9.2: Forecasting the demand for transfusionsa. What sort of model
would you recommend to predict the demand for blood? Whatwould you do with your
predictions?b. Why would the presence of seasonal effects be important?c. What sorts of
changes in the environment would you need to account for in yourforecasting model?2.
Question 9.33. Question 9.74. How Large Will the Shortage of Primary Care Physicians Be?5.
Question 10.36. Question 10.62Running head: ECONOMICS IN HEALTHCAREEconomics in
HealthcareNameInstitutionCourseDate1ECONOMICS IN HEALTHCARE2Case 9.2:
Forecasting the demand for transfusionsWhat sort of model would you recommend to
predict the demand for blood? What would you dowith your predictions?Trend projection
model is ideal model in predicting the demand forecast considering thefact that the facility
has data for the last six years. This model is necessary to have clear pictureof the demand
and use of blood at the facility. Trend projection model is necessary to understandfacility
management and know the amount of blood required by the customers. The predictionswill
be used for making informed decisions such as streamline the process o…