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d . What does use of the term sales rather than demand presume? 3 . A dry cleaner uses exponential smoothing to forecast equipment usage
d What does use of the term sales rather than demand presume?
A dry cleaner uses exponential smoothing to forecast equipment usage at its main plant. August usage was forecasted to be percent of capacity; actual usage was percent of capacity. A smoothing constant of is used.
a Prepare a forecast for September.
b Assuming actual September usage of percent, prepare a forecast for October usage.
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