Question: Question 15 10 points Save Ang A large fire at a competitor's plant has resulted in a dramatic decline in that competitor's production and sales

Question 15 10 points Save Ang A large fire at a

Question 15 10 points Save Ang A large fire at a competitor's plant has resulted in a dramatic decline in that competitor's production and sales (and thereby increased our sales this month). Production at the competitor is not expected to resume fully until several months. If our company uses an exponential smoothing model for forecasting sales for the product, what should we typically do to make the forecast for the next month more reflective of reality? Please choose from the 4 options provided below. Ft+1 = aDt + (1-a) Ft increase value of alpha decrease value of alpha O stay with the same alpha decrease the expected forecast for the current month (Ft)

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