QUESTIONS Company Auses exponential forecasting as its forecasting method. The company has analyzed its demand pattern and has detected a trend Demand is increasing each month, and that trend is expected to continue. The company is currently forecasting using an alpha (smoothing constant of 0.2. The company wants the forecast to more closely match the most recent demand, and forecasters will need to adjust alpha (the smoothing constant to calculate the new forecast. Should the forecasters use a higher alpha or should they use a lower alpha? a. They should use a higher alpha to calculate a forecast that follows the trend more closely b. They should use a lower alpha to calculate a forecast that follows the trend more closely QUESTION 6 If the average demand for the first quarter was 150, and the average demand for all quarters was 187, calculate the seasonal index for the first quarter. Calculate your response to one decimal place le s.0.01. You will enter a numeric value in the box below. QUESTION 7 if the seasonal index for the first quarter is.00 and the forecast for next year's annual demand is 700, calculate the forecast for the first quarter of next year. Round your response to the nearest whole number of necessary). You will enter a numeric value in the box below