A drive-in restaurant has experienced the following customer loads on the past 8 Friday nights. If their forecast for period 7 was 59 customers, then what is their forecast for period number 8 using a smoothing constant of 0.7?
Friday # Customers
1 49
2 55
3 57
4 59
5 56
6 61
7 62
8 63
A) 61.10
B) 62.43
C) 59.90
D) 60.83
Answer: A
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