Question: Consider the data below: Periods Demand Moving Average Exponential 1 Exponential 2 Jan 302 Feb 287 Mar 317 Apr 257 302 317 317 May 1182

Consider the data below: Periods Demand Moving

Consider the data below: Periods Demand Moving Average Exponential 1 Exponential 2 Jan 302 Feb 287 Mar 317 Apr 257 302 317 317 May 1182 287 305 269 Jun 242 252 280.4 199.4 Jul 167 227 272.7 233.5 317 197 251.6 180.3 Aug Sep 167 242 264.7 289.7 Oct 317 217 245.2 191.5 167 267 259.6 291.9 Dec 302 217 241.1 192 Which forecasting technique will you choose based on MAD? O a. All models are equally good O b. Exponential 1 O c. both Exponential 1 and Exponential 2 O d. Moving Average O e. Exponential 2

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