Question: Consider the data below: Periods Demand Moving Average Exponential 1 Exponential 2 Jan 207 - - - Feb 237 - - - Mar 177 -

Consider the data below:

Periods Demand Moving Average Exponential 1 Exponential 2
Jan 207 - - -
Feb 237 - - -
Mar 177 - - -
Apr 237 207 177 177
May 252 217 189 225
Jun 237 222 201.6 246.6
Jul 192 242 208.7 238.9
Aug 237 227 205.4 201.4
Sep 267 222 211.7 229.9
Oct 192 232 222.8 259.6
Nov 267 232 216.6 205.5
Dec 192 242 226.7 254.7

Which forecasting technique will you choose based on MAD?

a. Moving Average

b. both Exponential 1 and Exponential 2

c. Exponential 1

d. All models are equally good

e. Exponential 2

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