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A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 60 percent of capacity; actual usage was 64 percent of capacity. A smoothing constant of 0.3 is used.
a. Prepare a forecast for September. (Round your final answer to 2 decimal places.)
Forecast for September percent of capacity
b. Assuming actual September usage of 68 percent, prepare a forecast for October usage. (Round your answer to 2 decimal places.)
Forecast for October percent of capacity
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What is the value of an organization having a customer-focused value proposition?
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Operations definition emphasizes decision, function and process elements of the organization. Discuss these fundamental elements as they relate to Noah and the Ark, with Noah functioning as the Operations Manager. Identify the critical operations dec..
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