Question: Suppose that the forecast generated by an exponential smoothing model with =0.2 at the end of July for a product's demand in August was 91
Suppose that the forecast generated by an exponential smoothing model with =0.2 at the end of July for a product's demand in August was 91 units. The actual demand in August was 100 units. Determine the exponential smoothing forecast for the product's demand in both September and October made as of the end of August.
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