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Demand values for a product for the four more recent periods are shown below. Compute the Forecast for Period 3 using the Exponential Smoothing method

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Demand values for a product for the four more recent periods are shown below. Compute the Forecast for Period 3 using the Exponential Smoothing method with constant alpha=0.3 Period Demand 1 12 2 15 3 17 4 20 Period 3 Forecast (using Exponential Smoothing): (Use 2 decimals)

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