Question: Consider the data below: Periods Demand Moving Average Exponential 1 Exponential 2 Jan 240 Feb 270 Mar 180 165 230 180 180 Apr May 300

Consider the data below: Periods Demand Moving

Consider the data below: Periods Demand Moving Average Exponential 1 Exponential 2 Jan 240 Feb 270 Mar 180 165 230 180 180 Apr May 300 205 177 168 Jun 285 215 201.6 273.6 Jul 165 250 218.3 282.7 Aug 180 250 207.6 188.5 Sep 255 210 202.1 181.7 Oct 255 200 212.7 240.3 Nov 285 230 221.2 252.1 Dec 225 265 234 278.4 Which forecasting technique will you choose based on MAD? a. Moving Average O b. Exponential 2 O c. both Exponential 1 and Exponential 2 O d. Exponential 1 e. All models are equally good O

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