Actual demand values $($in $$1,000)$ for the last three months are provided as follows:

$\backslash$table$[[,$October,November,December$],[$Demand$,7,9,11],[($$$1,000),,,]]$

What is the forecast value $($model generated value$)$ for January, using exponential smoothing method with alpha $=0\mathrm{.}7?$ Start your calculation by assuming the forecast value for month of October is same as the actual value for October. Show all work.