Given an actual demand of 59, a previous forecast of 64, and an alpha of .3, what would the forecast for the next period be using simple exponential smoothing?

A) 36.9

B) 57.5

C) 60.5

D) 62.5

E) 65.5

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Title: Given an actual demand of 59, a previous forecast of 64, and an alpha of .3, what would the forecast for the next period