What term describes demand that is characterized by regular repletion of increases or decreases in demand as measured in time periods of less than a year?
A)Seasonality
B)Exponential
C)Trend
D)Autocorrelation
E)Variance

Question

Quizplus · Accepted Answer

Seasonality refers to the regular pattern of increases or decreases in demand that occur within a period of less than a year. This can be due to seasonal factors such as holidays, weather patterns, or other cyclical events. Exponential, trend, autocorrelation, and variance all refer to different statistical concepts that do not specifically describe the pattern of demand over time.

What Term Describes Demand That Is Characterized by Regular Repletion