Heidi favors using a two period moving average but Tim is "an exponential-smoothing man." Tim's demand forecast for May was identical to Heidi's
What value of alpha would Tim need to use in order for his June forecast to be identical to Heidi's if each sticks with their preferred technique?
Month Demand
January 154
February 148
March 214
April 180
May 225
June 246
A) .085
B) .196
C) .237
D) .348
Answer: B
Business
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