Question: Using the data set below, what would be the forecast for period 7 using the exponential smoothing method? Assume the forecast for period 6 is

Using the data set below, what would be the forecast for period 7 using the exponential smoothing method? Assume the forecast for period 6 is 16000. Use a smoothing constant of alpha =0.4 PeriodActual Demand 1100002124001325014750515220618500 a.15220 b.17000 c.12660 d.14030

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