Question 1Production Exams

Question 1Production Exams - Question 1 0 out of 5 points...

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Question 1 0 out of 5 points Which is not a characteristic of simple moving averages applied to time series data? Answer Selected Answer: weights each historical value equally Correct Answer: requires only last period's forecast and actual data Question 2 5 out of 5 points In trend-adjusted exponential smoothing, the trend adjusted forecast (TAF) consists of: Answer Selected Answer: an exponentially smoothed forecast and a smoothed trend factor Correct Answer: an exponentially smoothed forecast and a smoothed trend factor Question 3 5 out of 5 points The primary method for associative forecasting is: Answer Selected
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Answer: regression analysis Correct Answer: regression analysis Question 4 0 out of 5 points Which of the following corresponds to the predictor variable in simple linear regression? Answer Selected Answer: predicted variable Correct Answer: independent variable Question 5 0 out of 5 points The president of State University wants to forecast student enrollments for this academic year based on the following historical data: What is the forecast for this year using the least squares trend line for these data? Answer
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Selected Answer: 18,75 0 Correct Answer: 22,80 0 Question 6 5 out of 5 points The Delphi approach involves the use of a series of questionnaires to achieve a consensus forecast. Answer Selected Answer: Tru e Correct Answer: Tru e Question 7 0 out of 5 points Forecasting techniques that are based on time series data assume that future values of the series will duplicate past values. Answer Selected Answer: True Correct Answer: Fals e Question 8 0 out of 5 points
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approach to forecasting requires a linear trend line. Answer Selected Answer: True Correct Answer: Fals e Question 9 0 out of 5 points In order to compute seasonal relatives, the trend of past data must be computed or known which means that for brand new products this approach can't be used. Answer Selected Answer: Fals e Correct Answer: Tru e Question 10 0 out of 5 points A forecast method is generally deemed to perform adequately when the errors exhibit an identifiable pattern. Answer
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This note was uploaded on 10/09/2011 for the course MANAGEMENT 402 taught by Professor Michaelbellamy during the Fall '11 term at Hampton.

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Question 1Production Exams - Question 1 0 out of 5 points...

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