Question: Consider the data below: Periods Demand Moving Average Exponential 1 Exponential 2 Jan 157 - - - Feb 277 - - - Mar 142 -

Consider the data below:

Periods Demand Moving Average Exponential 1 Exponential 2
Jan 157 - - -
Feb 277 - - -
Mar 142 - - -
Apr 172 192 142 142
May 262 197 148 166
Jun 187 192 170.8 242.8
Jul 127 207 174 198.2
Aug 172 192 164.6 141.2
Sep 217 162 166.1 165.8
Oct 277 172 176.3 206.8
Nov 202 222 196.4 263
Dec 127 232 197.5 214.2

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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