Question: Consider the data below: Month Demand Jan 271 Feb 256 Mar 211 211 Apr May 196 Jun 211 Jul 181 Aug 136 Sep 196 Oct

Consider the data below: Month Demand Jan 271 Feb

Consider the data below: Month Demand Jan 271 Feb 256 Mar 211 211 Apr May 196 Jun 211 Jul 181 Aug 136 Sep 196 Oct 166 Nov 241 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. 0.5 O b. 1 Unsufficient information O d. 0 O e. 0.25

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