Unit $2$: End of Chapter $3$ Problems $3$

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$1$

Problem $3-3($Algo$)$

$10$ points

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 $54$ percent of capacity. A smoothing constant of $10$ is used.

a$.$ Prepare a forecast for September. $($Round your final answer to $2$ decimal places.$)$

$\backslash$table$[[$Forecast for September,percent of capacity$]]$

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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