Question: Consider the data below: Month Jan Feb Mar Apr May Jun Jul Aug Demand 286 286 286 301 241 211 301 256 Sep 211 Oct

Consider the data below: Month Jan Feb Mar Apr May Jun Jul Aug Demand 286 286 286 301 241 211 301 256 Sep 211 Oct 196 Nov 271 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. 0.25 C. 0 d. Unsufficient information e

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