Question: 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

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 b. Assuming actual September usage of 48 percent, prepare a forecast for October usage. (Round your answer to 2 decimal places.) Forecast for October percent of capacity ces

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