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Management Studies

A dry cleaner used exponential smoothing to forecast equipment usage as its main plant. August usage was forecasted to be 88 percent; actual usage was 89.6 percent of capacity. A smoothing constant of .1 was used.

A. Prepare a forecast for September

B. Assuming actual September usage of 92 percent, prepare a forecast for October usage.

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Operation Management, Management Studies

Category:- Operation Management
Reference No.:- M91751934

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