Question: Consider the data below: Month Demand Jan 210 Feb 195 Mar 165 Apr 195 May 180 Jun 180 Jul 165 Aug 210 Sep 300 Oct

Consider the data below: Month Demand Jan 210 Feb

Consider the data below: Month Demand Jan 210 Feb 195 Mar 165 Apr 195 May 180 Jun 180 Jul 165 Aug 210 Sep 300 Oct 315 Nov 270 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. Unsufficient information Oe. 0.5

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