Question: Consider the data below: Periods Demand Moving Average Exponential 1 Exponential 2 Jan 219 - - - Feb 204 - - - Mar 219 -

Consider the data below:

Periods Demand Moving Average Exponential 1 Exponential 2
Jan 219 - - -
Feb 204 - - -
Mar 219 - - -
Apr 189 214 219 219
May 219 204 213 195
Jun 144 209 214.2 214.2
Jul 279 184 200.2 158
Aug 204 214 216 254.8
Sep 249 209 213.6 214.2
Oct 159 244 220.7 242
Nov 279 204 208.4 175.6
Dec 234 229 222.5 258.3

Which forecasting technique will you choose based on MAD?a.

Exponential 1

b.

Exponential 2

c.

All models are equally good

d.

both Exponential 1 and Exponential 2

e.

Moving Average

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