Texas A&M University-Commerce Operations And Supply Chain Management Assignment Help - A dry cleaner

Question - A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August
usage was forecasted to be 88 percent of capacity; actual usage was 89.6 percent of capacity. A
smoothing constant of .1 is used. A dry cleaner uses exponential smoothing to forecast equipment
usage at its main plant. August usage was forecasted to be 88 percent of capacity; actual usage was
89.6 percent of capacity. A smoothing constant of .1 is used. a. Prepare a forecast for September.
(Round your answer to 2 decimal places.) Forecast for September percent of capacity b. Assuming
actual September usage of 92 percent, prepare a forecast for October usage.(Round your answer to
2 decimal places.) Forecast for October percent of capacity

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