Question: Simple exponential smoothing is being use to forecast demand. The previous actual demand of turned out to be 9 units higher than forecasted demand. Using

Simple exponential smoothing is being use to forecast demand. The previous actual demand of turned out to be 9 units higher than forecasted demand. Using a smoothing constant of 0.42,w would the forecast for the next period be?(Answer to 1 decimal place)
Simple exponential smoothing is being use to forecast demand. The previous

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