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Based on the data below, use the exponential smoothing method with a smoothing constant of 0.6 to find the forecast of 2023? (enter your answer
Based on the data below, use the exponential smoothing method with a smoothing constant of 0.6 to find the forecast of 2023? (enter your answer to the nearest tenth, i.e., report one decimal point)
Data:
2021 actual demand: 34 and forecast 38
2022 actual demand: 46
2023 forecast?
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