Question: 5 . Using the Exponential Smoothing Forecasting model and the information below, calculate the demand forecast for Period 5 . Forecasted sales of 1 ,

5. Using the Exponential Smoothing Forecasting model and the information below, calculate the demand forecast for Period 5.
Forecasted sales of 1,600 for Period 4
Actual sales of 1,500 for Period 4
Smoothing constant (\alpha ) of 0.25

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