Question: Consider the data below: Periods Demand Exponential 1 Exponential 2 Moving Average Jan 334 Feb 274 Mar 214 Apr 304 274 214 214 May 244

Consider the data below: Periods Demand
Consider the data below: Periods Demand Exponential 1 Exponential 2 Moving Average Jan 334 Feb 274 Mar 214 Apr 304 274 214 214 May 244 264 232 286 Jun 244 254 234.4 252.4 Jul 214 264 236.3 245.7 Aug 259 234 231.8 220.3 319 239 237.2 251.3 Sep Oct 349 264 253.6 305.5 Nov 259 309 272.7 340.3 Dec 214 309 270 275.3 Which forecasting technique will you choose based on MAD? O a. Exponential 1 Ob. Exponential 2 O c. both Exponential 1 and Exponential 2 O d. Moving Average All models are equally good e

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