Which chart indicates the trend in forecast values as a particular decision variable is varied?
A)Frequency chart
B)Trend chart
C)Cumulative frequency chart
D)Statistics table
E)None of the above

Question

Which chart indicates the trend in forecast values as a particular decision variable is varied?
A)Frequency chart 
B)Trend chart 
C)Cumulative frequency chart 
D)Statistics table 
E)None of the above

Quizplus · Accepted Answer

A trend chart is used to show the trend in forecast values as a particular decision variable is varied. This type of chart is commonly used in sensitivity analysis, where the effect of changes in a decision variable on the forecasted performance is examined.

Which Chart Indicates the Trend in Forecast Values as a Particular