Match these items.
-Seasonality and trend
A) Uses alpha and beta
B) Included in the multiplicative model
C) A qualitative forecasting technique
D) A measure forecast bias
E) A measure of absolute forecast error
F) Demand that repeats over long period of time
G) A type of forecast error
H) Uses only alpha as a smoothing constant
I) Includes a saturation stage
J) Past demand data
Correct Answer:
Verified
Q48: Match these items.
-Mean squared error
A) Uses alpha
Q49: Match these items.
-Forecast bias
A) Uses alpha and
Q50: Match these items.
-Time series
A) Uses alpha and
Q51: Match these items.
-Simple exponential smoothing
A) Uses alpha
Q52: Match these items.
-Expert opinion
A) Uses alpha and
Q54: Match these items.
-Cycle
A) Uses alpha and beta
B)
Q55: The weekly demand for French fries
Q56: Compute the MAD and MFE for
Q57: This period's demand was 146 units, even
Q58: The quarterly demands for a popular model
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