Difficulty easy learning objective lo 1 41 42 a

Difficulty: Easy
Learning Objective: LO 1

41. 42.
Difficulty: Easy
Learning Objective: LO 1
41. 43. Forecasts of
Difficulty: Easy
Learning Objective: LO 1
41. 44. The ______________ effect is caused in part by distortion in product demand
information caused by inaccurate forecasts.
a. bullwhip
b. regression
c. error
d.
None of these answer choices is correct.
Ans: A
Difficulty: Easy
Learning Objective: LO 1
41. 45.
Difficulty: Easy
Learning Objective: LO 1
41. 46. In ___________________ replenishment, the supplier and customer care
continuously update data.
a. demand
b. ongoing 
c. continuous
d. forecasted
Ans: B
Difficulty: Easy
Learning Objective: LO 1
41. 47. ________________ demand is a key to providing good- quality service.
a. Predicted
Difficulty: Easy
Learning Objective: LO 1
41. 48. A long-range forecast would normally not be used to
Difficulty: Moderate
Learning Objective: LO 2

41. 49. A forecast where the current period’s demand is used as the next period’s forecast is
known as a
Difficulty: Moderate
Learning Objective: LO 2
41. 50. Which of the following is not a type of predictable demand behavior?
a. a. trend
b. b. random variation
c. c. cycle
d. d. seasonal pattern
Ans: B