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Quiz 3 - Janice Thomas 9:08 AM Quiz3 Completed 100 out of...

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Janice Thomas 1/17/11 9:08 AM Quiz3 Completed 100 out of 100 points 15 minutes, and 24 seconds out of 1 hour. The quiz consists of 20 equally-weighted, objective-type questi larger pool of questions. The quiz may be taken "open book". It
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Question 1 5 out of 5 points Forecasts used for new product planning, capital expenditures, facility location or expansion, and R&D typically utilize a Answer Selected Answer: long-range time horizon Question 2 5 out of 5 points Time-series data may exhibit which of the following behaviors? Answer Selected Answer: They may exhibit all of these.
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Question 3 5 out of 5 points A forecast based on the previous forecast plus a percentage of the forecast error is a(n) Answer Selected Answer: exponentially smoothed forecast Question 4 5 out of 5 points A naïve forecast for September sales of a product would be equal to the forecast for August. Answer Selected Answer: False Question 5
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5 out of 5 points
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