Question: Consider the data below: Periods Demand Moving Average Exponential 1 Exponential 2 Jan 204 - - - Feb 174 - - - Mar 264 -

Consider the data below:

Periods Demand Moving Average Exponential 1 Exponential 2
Jan 204 - - -
Feb 174 - - -
Mar 264 - - -
Apr 144 214 264 264
May 174 194 240 168
Jun 159 194 226.8 172.8
Jul 249 159 213.2 161.8
Aug 159 194 220.4 231.6
Sep 219 189 208.1 173.5
Oct 264 209 210.3 209.9
Nov 144 214 221 253.2
Dec 249 209 205.6 165.8

Which forecasting technique will you choose based on MAD?

a. exponential 2

b. exponential 1

c. Moving average

d. Both a and b

e. all modes are equally good

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