Explain forecast equipment usage, 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. 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 forecast equipment usage

Observation of behaviour of company - service process matrix, Observation o...

Observation of behaviour of company - Service Process Matrix Schmenner observes that many service industries seem to be adopting competitive stances which imply moving up the

Explain organizational structure of your ideal work location, Tell me what ...

Tell me what the organizational structure of your (Ideal) work location would look like, using the terminology of this chapter 17. Use terms like mechanistic, organic, open, closed

Explain is not one of the three types of specifications, Which of the follo...

Which of the following is not one of the three types of specifications discussed in the text? Answer Design specifications Material specifications Performance specifica

Stepping stone method, what advantage and disadvantage stepping stone metho...

what advantage and disadvantage stepping stone method?

Explain flowchart uses symbols to represent, A process flowchart uses symbo...

A process flowchart uses symbols to represent which of the following?

Explain what is communication, Q1. What is communication? define it in your...

Q1. What is communication? define it in your own words Q2. Describe the characteristics of effective business communication and give examples Q3. Sould a researcher always ob

Aggreate planning, Identify (a) the demand options for aggregate planning; ...

Identify (a) the demand options for aggregate planning; and (b) the capacity (supply) options for aggregate planning

Explain characteristics of a definable sample group, Which of the following...

Which of the following requires the opinion of an expert to determine the location and characteristics of a definable sample group? Judgment sample Simple random sample S

Lead time - operations management, Lead Time - Operations Management E...

Lead Time - Operations Management Estimated time from release of an order requesting the manufacture or procurement of any item until the time it is available. The lead time (

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