Multiple Choice
______ is a forecasting method in which it is assumed that the demand in the next period will be the same as it is in the current period.
A) Moving average
B) Naïve approach
C) Simple average
D) Sales force opinion
Correct Answer:
Verified
Correct Answer:
Verified
Related Questions
Q50: <i>Past behavior of demand is indicative of
Q51: Which of the following statements is FALSE
Q52: Which of the following is a component
Q53: A tracking signal value that goes outside
Q54: The forecast time horizon for tactical decision-making
Q56: A _ trend often occurs when new
Q57: Which of the following is a model
Q58: Which of the following methods can be
Q59: Factors that capture the seasonal contribution to
Q60: In _ method,the seasonal indices are expressed