. Your answer is incorrect. A company is trying to figure out whether an exponential smoothing model with a smoothing constant of 0.30 is producing better forecasts for its demand than with a smoothing constant of 0.50 . The chart above shows the actual demand numbers together with the forecast numbers using these two alpha values for the past four years. Using these numbers, determine which of the following statements is most accurate. =0.5 produces better forecasts because the MAD is lower. a=0.3 produces better forecasts because the MAD is higher. =0.5 produces better forecasts because the MAD is higher. =0.3 produces better forecasts because the MAD is lower