As a consultant, you have been asked to generate a unit demand forecast for a product for year 2014 using exponential smoothing. Actual demand in year 2013 was 950, but the forecast for that year was 1,060. Using these data and a smoothing constant alpha of 0.5, what is the resulting year 2014 forecast value?
A) 1,005
B) 1,005.5
C) 1,030
D) 1,045