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

A management analyst is using exponential smoothing to predict merchandise retums at an upscale branch of a department store chain. Given an actual number of returns of 154 items in the most recent period completed, a forecast of 172 items for that period, and a smoothing constant ot 0.3, what is the forecast for the next period? Select one: 166.6 172.4 161.2 168.5

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