Question: Given the following demand data for three consecutive months: January ( Actual ) : 1 2 0 units February ( Actual ) : 1 3

Given the following demand data for three consecutive months:
January (Actual): 120 units February (Actual): 130 units March (Actual): 140 units
The forecasted demand was 125 units for February and 135 units for March. The smoothing constant (alpha) is 0.2.
What is the forecast for April using Simple Exponential Smoothing?

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