Using the Exponential Smoothing Model for Forecasting, the Smoothing Constant

Multiple Choice

Using the exponential smoothing model for forecasting, the smoothing constant alpha determines the level of smoothing and

A) the slope of the growth curve.
B) the speed of reaction to differences between forecasts and actual results.
C) the intercept on the Y-axis.
D) the next forecast error.
E) a measure of forecast accuracy.