Question $3$ As an analyst you have been requested to utilise the exponential smoothing technique to predict merchandise returns in one of the branches for P&G$.$ Given an actual number of returns of $154$ items in the most recent period completed, a forecast of $172$ items for that period, and a smoothing constant of $0\mathrm{.}3,$ determine the forecast for the next period? And comment on how the forecast would change if the smoothing constant were adjusted to $0\mathrm{.}6?$ Your response should clearly explain the differences in terms of responsiveness.