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HSM 331 Norfolk State University Forecast Content Items Chapter Discussion

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Review and study Chapter 14 in the textbook (Nowicki, 2018).

  • Review and study the PowerPoints posted in Blackboard.  
  • Use critical thinking and metacognition when you read the Mini-Case Study (Nowicki, 2018, p. 321):
  • o Suppose you are the new Chief Executive Officer (CEO) 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.  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.  

? Identify three forecast content items.  How will they be measured?

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

? Which forecasting techniques should you use?

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