a dry cleaner uses exponential smoothing to


A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 50 percent of capacity; actual usage was 52 percent of capacity. A smoothing constant of 0.5 is used. a. Prepare a forecast for September. (Round your final answer to 2 decimal places.) Forecast for September percent of capacity b. Assuming actual September usage of 54 percent, prepare a forecast for October usage. (Round your answer to 2 decimal places.) Forecast for October percent of capacity

Request for Solution File

Ask an Expert for Answer!!
Operation Management: a dry cleaner uses exponential smoothing to
Reference No:- TGS0390214

Expected delivery within 24 Hours