Question: Consider the data below: Periods Demand Moving Exponential Expone Average 1 2 Jan 321 2 Feb 291 Mar 276 306 296 276 276 Apr May

Consider the data below: Periods Demand Moving

Consider the data below: Periods Demand Moving Exponential Expone Average 1 2 Jan 321 2 Feb 291 Mar 276 306 296 276 276 Apr May 321 291 282 300 Jun 186 301 289.8 316.8 Jul 271 269 212.2 336 201 281 282.4 311.2 Aug Sep 321 241 266.1 223 Oct 186 286 277.1 301.4 Nov 201 236 209.1 258.9 247.3 Dec 231 236 202.6 Which forecasting technique will you choose based on MAD? a. All models are equally good O b. Exponential 2 O c. both Exponential 1 and Exponential 2 d. Moving Average Oe. Exponential 1

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