When using the exponential smoothing forecast, if a is set to 0.2, then the weigh- assigned to the older sales data is: 0.6 1.0 0.8 0.2 Given demands, D = 20, D2 = 18, D3 = 16, and D4 = 14, what is Fousing the nave forecasting method? OF 6 = 20 F6 = Inconclusive without Do data O Fg = 17 IF 6 = 14 Qualitative forecasting methods are based on systematically measured relationships between internal and external factors. are less valuable to organizations than quantitative forecasts. may incorporate opinions from a variety of people inside and outside of the organization. are based on opinions of employees who work in the purchasing department. Demand forecasts are generally less accurate for a shorter term than for a longer term. for an individual product than for a product family. when a firm focuses on both internal and external information than just internal information. when there are fewer product choices. Question 5 (1 point) Listen It may be a good idea to use the naive forecasting method if: demand is seasonal. the product is relatively new. demand has extreme fluctuations. a large variety of product information is available