Problem 5: (4 pts):

A company sells computers. Monthly sales for a six-month period are as follows:

Month	Actual Sales
January	18,000
February	22,000
March	16,000
April	18,000
May	20,000
June	24,000

Question: Calculate the sales forecast for the month of July using the exponential smoothing approach with (smoothing constant) equal to 0.40. Please assume that Februarys forecast is equal to 18,000 units and the forecast for May is equal to 18,096 units. You do NOT need to show your work. There is NO partial credits for any mistake (i.e., your answer is either right or wrong).