Explain dry cleaner uses exponential smoothing to forecast, Operation Management

Assignment Help:

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


Related Discussions:- Explain dry cleaner uses exponential smoothing to forecast

Evidenced predictive capabilities of a leader, Question 1: Traits theor...

Question 1: Traits theories are not sufficient for explaining Leadership! i. Give an account of the other complementary Contingency theories or parts of the theories that d

North west corner rule, advantages and disadvantages of north west corner r...

advantages and disadvantages of north west corner rule

Explain consistency and standardization, The big problem a franchisor faces...

The big problem a franchisor faces is maintaining quality control; franchisees do not always exhibit strong commitment to consistency and standardization. WHAT IS ANOTHER problem t

Explain christian ethical position, The approach of utilitarianism is rathe...

The approach of utilitarianism is rather democratic in that it suggest that greatest good or happiness is for the greatest number. It does provide the student with the prospect tha

Routing procedure, Routing Procedure For a new product or part the rout...

Routing Procedure For a new product or part the routing procedure consists of seven principle steps: 1.The first step is to analyze the product or articles and fabricate int

Line balancing, what do you understand by line balancing what happens if ba...

what do you understand by line balancing what happens if balance doesn''t exist?

Explain collaboration solutions in the face of economic, Why are unions exp...

Why are unions exploring new collaboration solutions in the face of economic/work adversity?

Describe the actual demand for the patients, The actual demand for the pati...

The actual demand for the patients at Omaha Emergency Medical Clinic for the first six weeks of this year are as follows: Week Actual # of Patients 1 65 2 62 3 70 4 48 5 63 6 52

Explain matching supply with demand by cachon/terwiesch, From "Matching Sup...

From "Matching Supply with Demand" - Cachon/Terwiesch (Highway) While driving home for the holidays, you can't seem to get Little's Law out of your mind. You note that your aver

Write Your Message!

Captcha
Free Assignment Quote

Assured A++ Grade

Get guaranteed satisfaction & time on delivery in every assignment order you paid with us! We ensure premium quality solution document along with free turntin report!

All rights reserved! Copyrights ©2019-2020 ExpertsMind IT Educational Pvt Ltd