Question: Based on the information shown below in Table 5, develop a forecast for June using the exponential smoothing model with = 0.10. For the exponential

Based on the information shown below in Table 5, develop a forecast for June using the exponential smoothing model with = 0.10. For the exponential smoothing model, assume the forecast for February is 800.

Table 5 Month Actual Demand

February 850

March 900

April 975

May 950

The exponential smoothing model forecast for March is:

A. less than or equal to 840.

B. more than 840 but less than or equal to 850.

C. more than 850 but less than or equal to 860.

D. more than 870 but less than or equal to 880

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