Question: QUESTION 9 1 Peter wants to make a demand forecast based on the exponential smoothing method. To choose a good smoothing factor a he checks

QUESTION 9 1 Peter wants to make a demand
QUESTION 9 1 Peter wants to make a demand forecast based on the exponential smoothing method. To choose a good smoothing factor a he checks the demand in the previous three days (Day 1 to Day 3): Day 2 3 Demand 120 110 115 He also knows that the forecasted demand on Day 1 is 100. Which of the following a leads to the smallest mean absolute error to forecast the demand from Day 1 to Day 3? O 0.4 O 0.8 0.6 O 0.2

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