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     EduGorilla 
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    For forecasting a demand, an exponential smoothing of 0.1 is used. If the forecasted demand for nth period was 500 and the actual demand turned out to be 550, what is the forecast for (n + 1)th period?

    Options :-

    1. 500
    2. 505
    3. 600
    4. 400
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