The formula for the seasonal index is:
A) period average demand * deseasonalized demand
B) average demand for all periods/ period average demand
C) period average demand * average demand for all periods
D) period average demand/average demand for all periods
Correct Answer:
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Q1: MAD is:
A) period average demand * deseasonalized
Q2: What factors influence the demand for a
Q3: A product that is seasonally based
Q4: What is the purpose of a tracking
Q5: The old forecast for May was 220
Q7: Exponential smoothing:
A) will detect trends
B) will lag
Q8: Forecast error must be measured before it
Q9: To guard against inherent error in forecasting:
A)
Q10: _forecasting is most useful in forecasting the
Q11: Demand over the past three months has
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