What will be the forecast for next period, using exponential smoothing?

Question

It is given that the’ actual demand is 59 units; a previous for cast 64 units and smoothening factor 0.3. What will be the forecast for next period, using exponential smoothing?                  

(a) 36.9 units                  (b) 57.5 units

(c) 60.5 units                  (d) 62.5 units