Question: Show me the steps to solve Using an exponential smoothing model with an alpha value of 0 . 3 0 , estimate the smoothed value

Show me the steps to solve
Using an exponential smoothing model with an alpha value of 0.30, estimate the smoothed value calculated as of the end of year 8.
Use the average demand for years 1 through 3 as your initial forecast for year 4, and then smooth the forecast forward to year 8.
Note: Round your intermediate calculations and final answer to the nearest whole number.
Show me the steps to solve Using an exponential smoothing model

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