Simple exponential smoothing is being used to forecast demand.The previous forecast of 66 turned out to be 3 units less than actual demand.The next forecast is 66.6,implying a smoothing constant,alpha,equal to:
A)01
B)10
C)15
D)20
E)60

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The Answer of Simple exponential smoothing is being used to forecast demand.The previous forecast of 66 turned out to be 3 units less than actual demand.The next forecast is 66.6,implying a smoothing constant,alpha,equal to:
A)01
B)10
C)15
D)20
E)60

Simple Exponential Smoothing Is Being Used to Forecast Demand