A gradual,long-term up or down movement of demand is called a trend.
Correct Answer:
Verified
Q1: Forecasts based on mathematical formulas are referred
Q5: Qualitative forecasts use mathematical techniques and statistical
Q7: A seasonal pattern is an oscillating movement
Q12: The type of forecasting method used depends
Q15: One way to deal with the bullwhip
Q17: Continuous replenishment systems rely heavily on extremely
Q24: Exponential smoothing is an averaging method for
Q31: Linear regression relates two variables using a
Q33: The average,absolute difference between the forecast and
Q36: Time series methods use historical data to
Unlock this Answer For Free Now!
View this answer and more for free by performing one of the following actions
Scan the QR code to install the App and get 2 free unlocks
Unlock quizzes for free by uploading documents