Question: 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

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. With the information above, what is the exponentially smoothed trend?

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