Question: Suppose that you are using exponential smoothing with alpha = 0.5, and your initial forecast 5 months ago was for 100 units. If the actual
Suppose that you are using exponential smoothing with alpha = 0.5, and your initial forecast 5 months ago was for 100 units. If the actual demand last month was 90 units, which of the following is definitely true?
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The forecast for this month should be 95.
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We need more information to determine this month's forecast.
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The forecast for this month should be 100.
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The forecast for this month should be 90.
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