Question: Consider the data below: Periods Demand Moving Average Exponential 1 Exponential 2 Jan 289 - - - Feb 169 - - - Mar 229 -

Consider the data below:

Periods Demand Moving Average Exponential 1 Exponential 2
Jan 289 - - -
Feb 169 - - -
Mar 229 - - -
Apr 229 229 229 229
May 214 209 229 229
Jun 229 224 226 217
Jul 274 224 226.6 226.6
Aug 199 239 236.1 264.5
Sep 274 234 228.7 212.1
Oct 259 249 237.8 261.6
Nov 184 244 242 259.5
Dec 199 239 230.4 199.1

Which forecasting technique will you choose based on MAD?

a.

Exponential 2

b.

Moving Average

c.

All models are equally good

d.

Exponential 1

e.

both Exponential 1 and Exponential 2

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