Question: Historical demand for a product is given below. Using single exponential smoothing with a = 0.4 and a June forecast of 396.88. what is the

Historical demand for a product is given below.

Historical demand for a product is given below. Using single exponential smoothing with a = 0.4 and a June forecast of 396.88. what is the forecast July? (carry to 2 decimal places) Forecast Month January February March April May June Demand 400 380 411 415 392 372 381.95

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