Question: dont understand what to do, pls help! Problem 3-3 (Algo) A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant August
dont understand what to do, pls help!
Problem 3-3 (Algo) A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant August usage was forecasted to be 51 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 final answer to 2 decimal places.) Forecast for September percent of capacity b. Assuming actual September usage of 58 percent, prepare a forecast for October usage (Round your answer to 2 decimal places.) Forecast for October percent of capacity
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