Question: Using smooth exponential forecasting with a smoothing constant aplpha of 0 . 4 , if the forecast for the current period is 1 0 0

Using smooth exponential forecasting with a smoothing constant aplpha of 0.4, if the forecast for the current period is 100 and the actual demand is 120, what would be the forecast for the next period?
a.
None of the answers
b.
108
c.
110
d.
112

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