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 .1 is used. 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 .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

Posted Date: 2/5/2014 1:44:34 AM | Location : United States

Ask an Expert

Related Discussions:- Explain dry cleaner uses exponential smoothing to forecast, Assignment Help, Ask Question on Explain dry cleaner uses exponential smoothing to forecast, Get Answer, Expert's Help, Explain dry cleaner uses exponential smoothing to forecast Discussions

Write discussion on Explain dry cleaner uses exponential smoothing to forecast
Your posts are moderated

Write your message here..

Related Questions

Explain what design capacity would be needed, In a job shop, effective capa... In a job shop, effective capacity is only 50% of design capacity, and actual output is 80% of effective output. What design capacity would be needed to achieve an actual output of

How select an active engineering company, Select an active Engineering Comp... Select an active Engineering Company, performing a brief research quote the company's mission statement, list 3 current strategies of the company and discuss how they are in alignm

Describe what specific planning challenges, Someone Help Please! Select one... Someone Help Please! Select one of the following companies to study in depth over the next 4 weeks. BP Oil Kimberly-Clark Kroger Nucor Walgreens Wells Fargo Kaiser Permanente Ascen

Explain vutton handbags, In which of the following situations would a court... In which of the following situations would a court likely hold Melissa liable for copyright infringement? Please debate and support your answer with appropriate cites to support. A

Explain who are gmcs target market, What programs does GMC Company have for... What programs does GMC Company have for the less advantage and children? What grade would you give this program and why? Who are GMCs target market, age, gender, income and race

Explain if microsoft don''t build a cloud computing business, If Microsoft ... If Microsoft don't build a cloud computing business, what will happen to them in the next decade? Why did the company decided that it had little choice but invest in cloud?

What factors are likely cause faults in valuing google stock, The managemen... The management and Directors of Google have stated that there is no plan for Google to ever pay dividends. Yet, the stock trades at a very high price in dollar terms (around $490 p

Answer the this question as I found on the google search, Ask questioAn ups... Ask questioAn upscale home fixture supplier has four locations. Each location manages its ordering independently. The specialized lighting fixture sells for $300 and sales are on a

Explain the market for private-label athletic footwear, Shipping charges of... Shipping charges of $0.50 per pair on all pairs shipped to distribution centers in the same region as the production plant and $1.00 on all pairs shipped from one region to another

What are the operation management decisions would need, What operation mana... What operation management decisions would need to be made to change wheeled coach repetitive focus strategy to: a. process focused? b. product focused?