Question: You are using exponential smoothing to forecast demand. For September, suppose you forecasted 1 6 5 units and actually sold 1 7 8 units. You

You are using exponential smoothing to forecast demand. For September, suppose you forecasted 165 units and actually sold 178 units. You currently are using an exponential smoothing forecast with a smoothing constant of 0.2. For this situation, increasing the alpha value would have what effect on the October forecast?
The answer cannot be determined from the available information
The forecast would increase
The forecast will remain constant
The forecast would decrease
You are using exponential smoothing to forecast demand. For September, suppose

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