What is the Formula of forecasting using exponential smoothing? ?

The formula for forecasting using exponential smoothing is:

Ft+1 = α * Xt + (1-α) * Ft

Where:
- Ft+1 is the forecast for the next period
- Xt is the actual value for the current period
- Ft is the forecast for the current period
- α is the smoothing factor (also known as the smoothing constant) between 0 and 1, which determines the weight given to the actual value and the previous forecast.

Exponential Smoothing Formula

```
F(t+1) = α - Y(t) + (1 - α) - F(t)
```

where:

- F(t+1) is the forecasted value at time t+1
- α is the smoothing constant (between 0 and 1)
- Y(t) is the actual value at time t
- F(t) is the forecasted value at time t