The forecasted demand for pogo sticks

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Suppose that (i) the forecasted demand for pogo sticks was 301.3 in period 5, while the actual demand turned out to be 260; and (ii) the forecasted demand was 258.8 in period 6, while the actual demand was 300. If a = 0.62, then what is the exponential smoothing forecast for pogo sticks in period 7?

Enter your computed value using two decimal places; e.g., xxx.xx.

Reference no: EM131176275

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