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Given an actual demand this period of 103, a forecast value for this period of 99, and an alpha of .4, what is the exponential

Given an actual demand this period of 103, a forecast value for this period of 99, and an alpha of .4, what is the exponential smoothing forecast for next period?

Select one:

a. 100.6

b. 101.6

c. 94.6

d. 103.0

e. 97.4

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