Which one of the following statements about forecasting is True? (A) In exponential smoothing, lower values of alpha place greater weight on recent demands in computing the average.(B) The weighted moving−average method allows forecasters to emphasize earlier demand over recent demand.(C) The forecast will be more responsive to change in the underlying average of the demand series.(D) You should use the simple moving−average method to estimate the mean demand of a time series that has a pronounced trend and seasonal influences.(E) The most frequently used time−series forecasting method is exponential smoothing because of its simplicity and the small amount of data needed to support it.