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Consider the following time series: Period 12345678 Demand 15, 24, 26, 33, 20, 22, 27, 20 Calculate the exponentially smoothed value for period 2 using

Consider the following time series:

Period12345678Demand15, 24, 26, 33, 20, 22, 27, 20

Calculate the exponentially smoothed value for period 2 using W (smoothing coefficient) = 0.4. Express your answerwithoutrounding.

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