The forecast for the month of November was higherthan the actual demand and the forecast for themonth of December (using exponential smoothing)is exactly equal to the actual demand of November.What smoothing constant can justify this behaviour?O a. 1O b. Unsufficient informationc.C.d. 0.5O e. 0.25 Consider the data below:MonthDemandJan164Feb224Mar209269AprMay119Jun194Jul179Aug134Sep164Oct149Nov269

Answered: Image /qna-images/answer/7f36ea0a-1892-4e57-9ed9-5f5ff180073f.jpg

Answered: The forecast for the month of November…

Practical Management Science

6th Edition

ISBN:9781337406659

Author:WINSTON, Wayne L.

Publisher:WINSTON, Wayne L.

Chapter2: Introduction To Spreadsheet Modeling

Section: Chapter Questions

Problem 20P: Julie James is opening a lemonade stand. She believes the fixed cost per week of running the stand...

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