Question: Suppose the initial forecast for Month 2 was 130, and the smoothing constant = 0.3. Compute the exponential smoothing forecast for Month 3. Then compute

Suppose the initial forecast for Month 2 was 130, and the smoothing constant = 0.3. Compute the exponential smoothing forecast for Month 3. Then compute the forecast for Month 4 using the actual demand from Month 3

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