Uses exponential smoothing to forecast equipment

Assignment Help Operation Management

Reference no: EM131399379

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

Reference no: EM131399379

Questions Cloud

Two alternatives for meeting a customer requirement : A company has two alternatives for meeting a customer requirement for 9,000 units of a specialty molding. If done in-house, fixed cost would be $350,000 with variable cost at $30 per unit. Alternative two is to outsource for a total cost of $80 per u..

Is an accurate perception of reality vital to mental health : Do self-enhancement efforts, in disregard of the truth, have positive effects on mental health? Is an accurate perception of reality vital to mental health? Provide specific examples to support your answer.

Match the symptom with the correct disorder or episode : Match the symptom with the correct disorder or episode.Daily diminished interest or pleasure in almost all activities for most of the day.Persistent desire or unsuccessful efforts to reduce or control substance use.

Explain whether it is symmetric or skewed : Describe the shape of the dataset. Explain whether it is symmetric or skewed.- Are there any outliers? For any outlier, give a value for the number of ear pierces, and explain why you think the value is an outlier.

Uses exponential smoothing to forecast equipment : 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. Assuming actual September..

Stuxnet and the new cyber weapons : Cyber activities can be transnational, and the changing environment is blurring the traditional distinctions between crime, espionage, terrorism and warfare. What are cyber weapons? Can they be used for crime, espionage, terrorism and warfare?

What strategies do you have for time management : What strategies do you have for time management? Try to be specific about how you handle the various tasks for this course. What tips can you offer that other students might use?

Calculate the molar composition of the stack gas : The oil is burned with 20.0% excess air, based on complete combustion of the carbon to CO2, the hydrogen to H2O, and the sulfur to SO2. The oil is burned completely, but 8% of the carbon forms CO. Calculate the molar composition of the stack gas.

Discuss how globalization is affecting the political : Discuss how globalization is affecting the political, legal, and economic forces impacting todays business environment? Explain the role that organizational learning and creativity play in helping managers to improve their decisions. Essentially rela..

User Account

All Pages