It has been determined that your sales demand data is comprised of a relatively low amount of randomness and hence you want to have a less responsive demand forecast. Which of the following statements is correct, given that you are forecasting with the exponential smoothing method?

		You should use a large smoothing constant (for example, alpha = 0.99).
		You should use a negative smoothing constant (for example, alpha = 0.4).
		You should use a smoothing constant greater than 1 (for example, alpha = 2.3).
		You should use a small smoothing constant (for example, alpha = 0.01).