Multiple Choice
______ are wave-like oscillations in demand about the trend line caused by changes in economic or business cycles or due to changes in political conditions.
A) Cyclical variations
B) Seasonal variations
C) Irregular variations
D) Random variations
Correct Answer:
Verified
Correct Answer:
Verified
Q59: Factors that capture the seasonal contribution to
Q60: In _ method,the seasonal indices are expressed
Q61: Exponential smoothing and weighted moving average are
Q62: _ is a qualitative method that attempts
Q63: The tendency to consistently produce a particular
Q65: Demand forecasts of individual items are needed
Q66: _ is the average of the sum
Q67: One drawback of surveys is that they
Q68: Which of following approaches should forecasters follow
Q69: When the smoothing constant (α)is set to