Question: Question: When alpha = 1 in a simple exponential smoothing forecast, which of the following is true? a . The forecast equals zero b .

Question: When alpha=1 in a simple exponential smoothing forecast, which of the following is true? a. The forecast equals zero b. the forecast is constant and equals F1 c. The forecast is equal to the forecast error d. The forecast is equal to the previous periods demandWhen alpha=1 in a simple exponential smoothing forecast, which of the following is true?a. The forecast equals zerob. the forecast is constant and equals F1c. The forecast is equal to the forecast errord. The forecast is equal to the previous periods demand

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