Question: A management analyst is using exponential something to predict merchandise returns at an upscale branch of a department store chain. Given an actual number of

A management analyst is using exponential something to predict merchandise returns at an upscale branch of a department store chain. Given an actual number of returns of 154 item in the most recent period completed, a forecast of 172 item for that period, and a smoothing constant of 0.3, what is the forecast for the next period? How would the forecast be changed if the smoothing constant were 0.6?

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