Question: Please show how to do it, I would like to redo on my own. A dry cleaner uses exponential smoothing to forecast equipment usage at

Please show how to do it, I would like to redo on my own.

Please show how to do it, I would like to redo on

A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 88 percent of capacity, actual usage was 89.6 percent of capacity. A smoothing constant of 0.1 is used. a. Prepare a forecast for September. (Round your answer to 2 decimal places.) Forecast for September percent of capacity b. Assuming actual September usage of 92 percent, prepare a forecast for October usage. (Round your answer to 2 decimal places.) Forecast for October percent of capacity

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