Question: Simple exponential smoothing is being used to forecast demand. The previous forecast of 75 turned out to be 5 units less than actual demand. The

Simple exponential smoothing is being used to forecast demand. The previous forecast of 75 turned out to be 5 units less than actual demand. The next forecast is 77, implying a smoothing constant, alpha, equal to: a. 0.4 O b. 0.15 O c.0.2 O d. 0.01 O e.0.1

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