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Consider the data below: Periods Demand Moving Average Exponential 1 Exponential 2 Jan 252 - - - Feb 252 - - - Mar 237 -
Consider the data below:
Periods | Demand | Moving Average | Exponential 1 | Exponential 2 |
Jan | 252 | - | - | - |
Feb | 252 | - | - | - |
Mar | 237 | - | - | - |
Apr | 237 | 247 | 237 | 237 |
May | 237 | 242 | 237 | 237 |
Jun | 327 | 237 | 237 | 237 |
Jul | 222 | 267 | 255 | 309 |
Aug | 237 | 262 | 248.4 | 239.4 |
Sep | 267 | 262 | 246.1 | 237.5 |
Oct | 222 | 242 | 250.3 | 261.1 |
Nov | 177 | 242 | 244.6 | 229.8 |
Dec | 207 | 222 | 231.1 | 187.6 |
Which forecasting technique will you choose based on MAD?
Exponential 2
b.Exponential 1
c.both Exponential 1 and Exponential 2
d.All models are equally good
e.Moving Average
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