Question: Consider the data below: Month Demand Jan 260 Feb 305 230 Mar 245 Apr May Jun 335 320 335 Jul 215 230 Aug Sep Oct

Consider the data below: Month Demand Jan 260 Feb 305 230 Mar 245 Apr May Jun 335 320 335 Jul 215 230 Aug Sep Oct 215 260 Nov 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. 1 b. 0.5 . d. Unsufficient information e. 0.25

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