Question: Consider the data below: Periods Demand Moving Average Exponential 1 Exponential 2 Jan 102 - - - Feb 207 - - - Mar 237 -

Consider the data below:

Periods Demand Moving Average Exponential 1 Exponential 2
Jan 102 - - -
Feb 207 - - -
Mar 237 - - -
Apr 162 182 237 237
May 252 202 222 177
Jun 117 217 228 237
Jul 147 177 205.8 141
Aug 222 172 194 145.8
Sep 147 162 199.6 206.8
Oct 252 172 189.1 159
Nov 117 207 201.7 233.4
Dec 252 172 184.8 140.3

Which forecasting technique will you choose based on MAD?

a.

Exponential 2

b.

All models are equally good

c.

both Exponential 1 and Exponential 2

d.

Exponential 1

e.

Moving Average

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