A dry cleaner uses exponential smoothing to forecast

Last updated: 1/11/2024

A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant August usage was forecasted to be 53 percent of capacity actual usage was 52 percent of capacity A smoothing constant of 05 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 60 percent prepare a forecast for October usage Round your answer to 2 decimal places