Question: A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 90% of capacity, actual usage

A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 90% of capacity, actual usage was 92% of capachy smoothing constant of 0.2 is used. Assuming an actual September usage of 92%, what would be the October forecast in M? Hint first calculate Sept forecast Multiple Choice 904 92.4 90.72 927

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