Question: Consider the data below: Periods Demand Moving Exponential Exponential Average 1 2 Jan 216 Feb 276 Mar 291 171 261 291 291 Apr May Jun

Consider the data below: Periods Demand Moving

Consider the data below: Periods Demand Moving Exponential Exponential Average 1 2 Jan 216 Feb 276 Mar 291 171 261 291 291 Apr May Jun 261 246 195 267 265.8 186 241 247.8 Jul 276 206 249.8 198.4 246 241 255 260.5 Aug Sep Oct 231 236 248.9 253.2 248.8 306 251 234.6 Nov 261 261 260.2 291.7 Dec 231 266 260.4 267.1 Which forecasting technique will you choose based on MAD? a. All models are equally good O b. both Exponential 1 and Exponential 2 O c. Exponential 2 O d. Moving Average e. Exponential 1

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