Simple Exponential Smoothing Forecast Method for units

You are given that the forecast for the current period of 70 turned out to be 6 units less than the actual demand. The forecast for the next period is 75.8. What must alpha equal (rounded to 4 decimals) if a simple exponential smoothing forecast method were being used?

© SolutionLibrary Inc. September 28, 2020, 10:40 am 9836dcf9d7