Forecast the next period using simple exponential smoothing

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Reference no: EM1336599

Given an actual demand of 61, a previous forecast of 58, and an of .3, what would the forecast for the next period be using simple exponential smoothing?

A 45.5

b 57.1

c 58.9

d 61.0

e 65.5

Reference no: EM1336599

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