Heidi favors using a two period moving average but Tim is$"$an exponential$-$smoothing$$ man." Tim's demand forecast for May was identical to$$ Heidi's. What value of alpha would Tim need to use in order for his June forecast to be identical to$$ Heidi's if each sticks with their preferred$$ technique? Note that$$ Tim's forecast for May was identical to$$ Heidi's two$-$period moving average for May.

Month

Demand

January

$154$

February

$148$

March

$214$

April

$180$

May

$225$

June

$246$

Question content area bottom

Part $1$

A$.$

$\mathrm{.}348$

B$.$

$\mathrm{.}237$

C$.$

$\mathrm{.}196$

D$.$

$\mathrm{.}085$