Question: simple exponential smoothing is being used to forecast demand. the previous actual demand of 69 turned out to be 7 units higher than forecasted demand.

simple exponential smoothing is being used to forecast demand. the previous actual demand of 69 turned out to be 7 units higher than forecasted demand. Using a smoothing constant of 0.33, what would the forecast for the next period be? answer to 1 decimal place.

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