Question: Consider the data below: Periods Demand Moving Exponential Exponential Average 1 2 Jan 271 Feb 271 Mar 151 211 231 151 (151 Apr May 271

Consider the data below: Periods Demand Moving Exponential Exponential Average 1 2 Jan 271 Feb 271 Mar 151 211 231 151 (151 Apr May 271 211 163 199 Jun 211 211 184.6 256.6 Jul 211 231 189.9 220.1 Aug 271 231 194.1 212.8 Sep 226 231 209.5 259.4 Oct 121 236 212.8 232.7 Nov 181 206 194.4 143.3 Dec 151 176 191.7 173.5 Which forecasting technique will you choose based on MAD? O a. Exponential 1 O b. Moving Average O c. All models are equally good O d. both Exponential 1 and Exponential 2 e. Exponential 2

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