Question: Consider the data below: Month Demand Jan 120 Feb 150 Mar 120 Apr 225 May 105 Jun 135 Jul 120 Aug 240 Sep 240 Oct

Consider the data below: Month Demand Jan 120 Feb

Consider the data below: Month Demand Jan 120 Feb 150 Mar 120 Apr 225 May 105 Jun 135 Jul 120 Aug 240 Sep 240 Oct 210 Nov 150 The forecast for the month of November was higher than the actual demand and the forecast for the month of December (using exponential smoothing) is exactly equal to the actual demand of November. What smoothing constant can justify this behaviour? O a. 1 O b. 0.25 . 0 O d. 0.5 O e. Unsufficient information

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