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Recent Past Demand for Product ZXT Is Given in the Following

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Recent past demand for product ZXT is given in the following table.
 Month  Actual  Demand  February 20 March 22 April 33 May 35 June 31 July 48 August 41\begin{array} { | c | c | } \hline \text { Month } & \begin{array} { c } \text { Actual } \\\text { Demand }\end{array} \\\hline \text { February } & 20 \\\hline \text { March } & 22 \\\hline \text { April } & 33 \\\hline \text { May } & 35 \\\hline \text { June } & 31 \\\hline \text { July } & 48 \\\hline \text { August } & 41 \\\hline\end{array}
-Use simple exponential smoothing with alpha = .4 and determine the forecasted demand for August and September. Assume that the smoothed forecast for July is 38.


Definitions:

Financing Activities

Transactions that result in changes in the size and composition of the equity capital or borrowings of a company.

Cash Flow

The total volume of financial transfers happening within a business, crucially affecting its ability to handle financial obligations.

Net Cash Flow

The difference between a company's cash inflows and outflows within a specified period.

Debt Ratio

A financial ratio that measures the proportion of a company's total debt to its total assets, indicating its leverage level.

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