Memorial Hospital

Suppose that you are the new Chief Executive Officer at Memorial Hospital. Memorial is a Nonprofit hospital with 300 beds and is located in a busy metropolitan area directly adjacent to a large university.  The memorial is the only hospital within a 20-mile radius of campus, but construction on a new, competing hospital has just started within 5 miles.

1. Identify three forecasting content items. How will they be measured?

2. What is the expected status of the content items in the future?

3. Which forecasting techniques should you use?  Why?