Question: Simple exponential smoothing is being used to forecast demand. The previous forecast of 6 6 turned out to be 3 units less than actual demand.

Simple exponential smoothing is being used to forecast demand. The previous forecast of 66 turned out to be 3 units less than actual demand. The next forecast is 66.6, implying a smoothing constant, alpha, equal to:Simple exponential smoothing is being used to forecast demand. The previous forecast of 66 turned out to be 3 units less than actual demand. The next forecast is 66.6, implying a smoothing constant, alpha, equal to:

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