Question: Consider the data below: Month Demand Jan 151 Feb 211 Mar 256 Apr 196 May 121 Jun 196 196 Jul 151 Aug Sep Oct 211

Consider the data below: Month Demand Jan 151 Feb 211 Mar 256 Apr 196 May 121 Jun 196 196 Jul 151 Aug Sep Oct 211 256 Nov 121 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? Oa. Unsufficient information O b. 0.25 O c. 0.5 Od 0 O e 1

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