Question: A cheque processing center uses exponential smoothing to forecast the number of incoming cheques each month. Number of cheques received in june was 4 0

A cheque processing center uses exponential smoothing to forecast the number of incoming cheques each month. Number of cheques received in june was 40 million while the forecast for june was 42 million. Smoothing constant of 0.2 is used. What is the forecast for july?
If the center received 45 million cheques in july, what is the forecast for August?
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