Question: er 3 Review Questions ( i ) Saved Problem 3 - 3 ( Algo ) A dry cleaner uses exponential smoothing to forecast equipment usage

er 3 Review Questions (i)
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Problem 3-3(Algo)
A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 50 percent of capacity; actual usage was 56 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
er 3 Review Questions (i) Saved Problem 3-3(Algo) A dry cleaner

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