Question: What is the next period forecast using the simple exponential model (F(t+1) = F(t) + a * (A(t) - F(t)) with A(t) = 100, F(t)

What is the next period forecast using the simple exponential model (F(t+1) = F(t) + a * (A(t) - F(t)) with A(t) = 100, F(t) = 110, and a = 0.5?

Select one:

a. 100

b. 105

c. 115

d. 120

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