Question: Using the simple exponential smoothing forecast method with an alpha smoothing factor of 0.7 what is your calculated forecast for month 11 given the demand

Using the simple exponential smoothing forecast

Using the simple exponential smoothing forecast method with an alpha smoothing factor of 0.7 what is your calculated forecast for month 11 given the demand below? Round to 2 decimal places. Month 1 2 3 4 Demand 42 52 50 54 62 65 72 70 78 5 6 7 8 9 10 82

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