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Given an actual demand of 69 for the most previous period, a forecast of 74 for the most previous period, actual utilization of 70 for

Given an actual demand of 69 for the most previous period, a forecast of 74 for the most previous period, actual utilization of 70 for the most previous period, and a smoothing constant of 0.25, what would the forecast for the next period be using simple exponential smoothing?

How do you use simple exponential smoothing?

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