Suppose that simple exponential smoothing with 
is used to forecast monthly Pepsi sales at a small grocery store. After March's demand is observed, the forecasted demand for April is 5000 cans of Pepsi.
-At the beginning of April, what is the forecast of June's Pepsi sales?
Definitions:
Arrival Rate
In queuing theory, the average rate at which tasks, customers, or entities arrive at a service station or system.
Queuing System
The method by which queues of customers or items are managed by an entity, focusing on order service, wait times, and allocation of resources.
Utilization Rate
The percentage of capacity or capability that is being used effectively at a given time.
Poisson Distribution
A probability distribution that expresses the probability of a given number of events occurring in a fixed interval of time or space, assuming these events happen with a known constant rate and independently of the time since the last event.
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