Question: QUESTION 22 Simple exponential smoothing is being used to forecast demand. The previous forecast of 66 turned out to be four units less than actual

QUESTION 22 Simple exponential smoothing is being

QUESTION 22 Simple exponential smoothing is being used to forecast demand. The previous forecast of 66 turned out to be four units less than actual demand. The next forecast is 66.6. implying a smoothing constant, alpha, equal to: (Please keep 2 digits after the decimal point.)

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