1.

The forecast for the monthly demand of a product is given in the table below. Month Forecast Actual Sales 132.0030.00231.8032.00331.8230.00The forecast is made by using the exponential smoothing method. The exponential smoothing coefficient used in forecasting the demand is

A. 0.1
B. 0.4
C. 0.5
D. 1
Answer» B. 0.4


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