Question: 3a) What advantage as a forecastina tool does exponential smoothing have 30) A dry cleaner uses exponential smoothing to forecast equipment usage at its main

3a) What advantage as a forecastina tool does exponential smoothing have 30) A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant January usage was forecast to be 90% and actual usage was 95% of capacity. A smoothing constant of 0.1 is in use. D) Prepare a forecast for February m) Assuming actual February usage was 97%, prepare a forecast for March usage 3c) A manufacturing engineer records the number of toasters ordered during the last five weeks as follows: WEEK 1 2 3 5 6 REQUESTS 40 44 a 36 42 44 ? Predict the number of orders for week 6 using 1) The naive method: ii) A four period moving average : iii) Exponential smoothing with a = 0.3. Use 40 for week 2 forecast

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