Question: Using a simple exponential smoothing model ( alpha = 0 . 3 ) , calculations for the most recent period generated a forecast of 2

Using a simple exponential smoothing model (alpha =0.3), calculations for the most recent period generated a forecast of 25.10 units. Actual demand for that period was 31 units. What is the forecast of demand for the upcoming period?
Multiple Choice
None of the choices are correct.
26.28
29.23
26.87

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