Question: Consider the data below Month Demand Jan 299 Feb 269 Mar 284 Apr 269 May 239 Jun 329 Jul 329 Aug 314 Sep 299 Oct

Consider the data below

Month	Demand
Jan	299
Feb	269
Mar	284
Apr	269
May	239
Jun	329
Jul	329
Aug	314
Sep	299
Oct	269
Nov	329

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. 0.5

b. 1

c. 0.25

d. 0

e. Unsufficient information

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