Explain forecast for october percent of capacity, Operation Management

Assignment Help:

A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be 50 percent of capacity; actual usage was 52 percent of capacity. A smoothing constant of 0.5 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 54 percent, prepare a forecast for October usage. (Round your answer to 2 decimal places.) Forecast for October percent of capacity


Related Discussions:- Explain forecast for october percent of capacity

What does b stand for in the bcg matrix, Which of the following does B stan...

Which of the following does B stand for in the BCG Matrix? (a) Boom (b) Balance (c) Bankruptcy (d) Boston

Explain most important concepts or knowledge that you gained, 1) Do you thi...

1) Do you think that the ISS Clinic investment in electronic medical records added value for the organization? How would you recommend measuring this "value"? If you do not think t

Operations and supply chain management, Operations and Supply Chain Managem...

Operations and Supply Chain Management XYZ Inc distributes and sells tyres. While most of XYZ's sales come from earthmover and industrial tyres, they also stock and sell a ver

Identify the feasible region for the set of constraints, Identify the feasi...

Identify the feasible region for the following set of constraints: 3A - 2B ? 0 2A - 1b ? 200 1A ? 150 A, B >=0 This will need to include graphing or I will not ra

Assets and liabilities, The Dominos pay their household bills and everyday ...

The Dominos pay their household bills and everyday expenses from their joint chequing account, which has a current balance of $4,200. They both opened Tax Free Savings Accounts and

Explain the optimal order size, A retail outlet has its own production faci...

A retail outlet has its own production facility for producing denim cloth. The ordering cost ($150) is the cost of setting up the production process to make the denim cloth. The ca

Explain matrix structure and provide examples, Some people argue that the m...

Some people argue that the matrix structure should be adopted only as a last resort because dual chains of command can create more problems that they solve. Discuss and provide exa

What is eoq and optimum time between orders, An industrial machine tools ma...

An industrial machine tools manufacturer supplies replacement parts from its inventory. For a particular part, the annual demand is expected to be 750 units. Machine setup costs ar

Explain a process capacity methodology, A process capacity methodology that...

A process capacity methodology that is used to show how well parts being produced fit into a range specified by design limits is which of the following? Answers- a. Answer n

Process flow and layouts, process flow and layout flows are at the core of ...

process flow and layout flows are at the core of lean manufacturing, do you agree or disagree?

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