Question: Consider the data below: Periods Moving Average Exponential 1 Exponential 2 Demand 321 Jan Feb 20 Mar 231 216 251 231 Apr May Jun 231

Consider the data below: Periods Moving Average

Consider the data below: Periods Moving Average Exponential 1 Exponential 2 Demand 321 Jan Feb 20 Mar 231 216 251 231 Apr May Jun 231 1219 1186 216 228 211 219.6 192.6 171 201 Jul 1191 209.9 175.3 Aug 321 208.1 195.9 186 231 Sep 261 230.7 296 Oct 231 261 236.8 268 1238.4 246 271 235.6 Nov Dec 201 246 237.7 244.5 Which forecasting technique will you choose based on MAD? O a. All models are equally good Ob Moving Average OC. Exponential 2 O d. Exponential 1 Oe both Exponential 1 and Exponential 2

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