Consider the following actual and forecastdemand levels for Big Mac hamburgers at a local McDonald’srestaurant:
The forecast for Monday was derived by observing Monday’sdemand level and setting Monday’s forecast level equal tothis demand level. Subsequent forecasts were derived by usingexponential smoothing with a smoothing constant of 0.25.Using this exponential smoothing method, what is the fore-cast for Big Mac demand for Friday?
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