Question: Consider the data below: Periods Demand Moving Average Exponential 1 Exponential 2 Jan 177 - - - Feb 207 - - - Mar 192 -

Consider the data below:

Periods Demand Moving Average Exponential 1 Exponential 2
Jan 177 - - -
Feb 207 - - -
Mar 192 - - -
Apr 252 192 192 192
May 192 217 204 240
Jun 177 212 201.6 201.6
Jul 207 207 196.7 181.9
Aug 147 192 198.8 202
Sep 237 177 188.4 158
Oct 207 197 198.1 221.2
Nov 222 197 199.9 209.8
Dec 267 222 204.3 219.6

Which forecasting technique will you choose based on MAD?

a.

both Exponential 1 and Exponential 2

b.

All models are equally good

c.

Moving Average

d.

Exponential 2

e.

Exponential 1

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