Question: Consider the data below: Month Demand Jan 163 Feb 238 Mar 238 Apr 133 May 208 Jun 223 Jul 133 Aug 193 Sep 268 Oct

Consider the data below:

Month Demand
Jan 163
Feb 238
Mar 238
Apr 133
May 208
Jun 223
Jul 133
Aug 193
Sep 268
Oct 133
Nov 223

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?

a.

0.25

b.

0.5

c.

0

d.

1

e.

Unsufficient information

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