OPMA 3306 HW 2 - such as winTer or spring always occur aT...

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Miguel Ruiz 1001040291 OPMA 3306-001 HW 2 1. Average demand for a period of time/ trend/ seasonal element/ cyclical elements/ random variation/ autocorrelation. Our focuses in class were: Trend & Seasonality 2. The major difference between seasonality and cyclical patterns is that cyclical patterns do not have an exact or defined frame of time the way seasonality patterns do. In seasonality, seasons
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Unformatted text preview: such as winTer or spring always occur aT The same tme each year. 3. When using a larger N in simple moving average, The forecasTs will follow a more linear/smooTh pa²ern. 4. A. 54 B. 114 C. 132 5. 255.3...
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