Question: Using simple exponential smoothing method, if we want forecasts to be very responsive to recent demand, the value of should be: a . lange b

Using simple exponential smoothing method, if we want forecasts to be very responsive to recent demand, the value of should be:
a. lange
b. moderate
c. small
d. The value of alpha does not matter.
 Using simple exponential smoothing method, if we want forecasts to be

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