. Which of the following possible values of alpha would cause exponential smoothing to respond to the most quickly to forecast error? a. 0.00 b. 0.01 c. 0.05 d. 0.10 e. 0.15

e. 0.15

Explanation:

In time series analysis, exponential smoothing constant is a value used based on exponential smoothing.

The higher the value of the exponential smoothing constant, larger weight values would be given to the values from the new period. And the result is that the higher the value of alpha, the most quickly it responds to forecast error.

Option e. 0.15 is the highest, so will respond most quickly.

our agriculture industry and our business industry