Question: Consider the data below: Periods Demand Exponential 1 Exponential 2 Moving Average Jan 191 - Feb 266 Mar 236 Apr 266 231 236 236 May

Consider the data below: Periods Demand

Consider the data below: Periods Demand Exponential 1 Exponential 2 Moving Average Jan 191 - Feb 266 Mar 236 Apr 266 231 236 236 May 311 256 242 260 Jun 311 271 255.8 300.8 Jul 191 296 266.8 309 Aug 311 271 251.6 214.6 Sep 296 271 263.5 291.7 Oct 176 266 270 295.1 Nov 296 261 251.2 199.8 Dec 266 256 260.2 276.8 Which forecasting technique will you choose based on MAD? a. Exponential 2 b. Exponential 1 C. both Exponential 1 and Exponential 2 d. All models are equally good e. Moving Average

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