Multiple Choice
Which of the following does a forecast always assume?
A) Base demand always moves in a positive direction
B) Business cycles do not exist
C) The past always repeats itself
D) Every forecast is seasonal
Correct Answer:
Verified
Correct Answer:
Verified
Q22: External balancing methods involve managing production and
Q23: Bias measures how accurate the forecast is
Q24: There are two types of demand. What
Q25: What are the differences and similarities between
Q26: While evaluating recent demand forecasts, Caleb discovered
Q28: Collaborative planning, forecasting, and replenishment (CPFR) has
Q29: The internal balancing method deals with:<br>A) price
Q30: A weighted moving average assigns higher weights
Q31: There are at least three forecasting methods.
Q32: Forecasting has become extremely accurate, especially since