Question: Consider the data below! Periods Demand Moving Exponential Exponential Average 1 2 Jan 288 Feb 168 Mar 183 Apr 318 213 183 183 May 228

Consider the data below! Periods Demand Moving

Consider the data below! Periods Demand Moving Exponential Exponential Average 1 2 Jan 288 Feb 168 Mar 183 Apr 318 213 183 183 May 228 223 210 291 Jun 198 243 213.6 240.6 Jul 183 248 210.5 206.5 Aug 303 203 205 187.7 Sep 228 228 224.6 279.9 Oct 258 238 225.3 238.4 Nov 213 263 231.8 254.1 Dec 273 233 228 221.2 Which forecasting technique will you choose based on MAD? . both Exponential 1 and Exponential 2 O b. Exponential 2 O c. Moving Average Od. Exponential 1 0 . All models are equally good

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