Question: A dry cleaner uses exponential smoothing to forcast equipment usage at its plant. August usage was forcasted to be 5 2 percent of capacity; actual

A dry cleaner uses exponential smoothing to forcast equipment usage at its plant. August usage was forcasted to be 52 percent of capacity; actual usage was 52 percent of capacity. A smothing constant of .20 is used. Problem 3-3(Algo)
A dry cleaner uses exponential smoothing to forecast equipment usage at
its main plant. August usage was forecasted to be 52 percent of capacity;
actual usage was 52 percent of capacity. A smoothing constant of .20 is
used.
a. Prepare a forecast for September.
Note: Round your final answer to 2 decimal places.
Forecast for September
percent of capacity
b. Assuming actual September usage of 59 percent, prepare a forecast
for October usage.
Note: Round your answer to 2 decimal places.
 A dry cleaner uses exponential smoothing to forcast equipment usage at

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