Question: Consider the data below: Month Demand Jan 212 Feb 167 Mar 227 272 Apr May 212 Jun 152 242 Jul 152 Aug Sep Oct 167

Consider the data below: Month Demand Jan 212 Feb 167 Mar 227 272 Apr May 212 Jun 152 242 Jul 152 Aug Sep Oct 167 137 Nov 122 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 Unsufficient information O b. 0.5 . O d. 0.25 e. 1

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