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Question: problem 33 a dry cleaner uses exponential smoothing to forecast...

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Problem 3-3 A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant August usage was forecasted to be 5t percent of capacity, actual usage was 52 percent of capacity. A smoothing constant of 15 is used a. Prepare a forecast for September, (Round your finel answer to 2 decimal places) Forecast for Septemberpercent of capacty b. Assuming actual September usage of 58 percent, prepare a forecast for October usage. (Round your answer to 2 decimal places.) Forecast for Octoberpercent of capacity
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