Question: Suppose that a simple exponential smoothing model is used ( with alpha = 0 . 3 0 ) to forecast monthly sandwich sales at
Suppose that a simple exponential smoothing model is used with alpha to forecast monthly sandwich sales at a local sandwich shop. After Junes demand is observed at sandwiches, the forecasted demand for July is sandwiches. At the beginning of July, what would be the forecasted demand for August?
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