Question: 4 ) A current demand was forecasted to be 5 9 5 with an actual demand of 5 7 8 . Assuming a smoothing parameter

4) A current demand was forecasted to be 595 with an actual demand of 578. Assuming a smoothing parameter of 0.3, a trend smoothing parameter of 0.5, and an initial trend forecast of 4, what is the smoothed demand forecast for the next period?

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