When "the smoothing constant" is close to one, the new forecast will be very similar to the old forecast, and the current observation will have very little impact True False QUESTION 3 this method is involves computing a measure of forecast errors over time and setting limits so that, when the cumulative error goes outside those limits, the forecaster is alerted the smoothing constant () should be changed. Simple Average A. B. Holt's method c. Tracking signal Method Simple Exponential Smoothing D