Question: 1- If we simply sum errors of past forecasts, we are calculating the: A- MAPE B- Standard Deviation C. MAD D- Bias 2. The general

1- If we simply sum errors of past forecasts, we
1- If we simply sum errors of past forecasts, we are calculating the: A- MAPE B- Standard Deviation C. MAD D- Bias 2. The general pattern of demand in The Fresh Connection is: A- Relatively stable within a round but a significant upward trend from round to round B- Relatively stable from round to round but highly variable within a round. C- Relatively stable from round to round and highly seasonally within a round. 3- In TFC purchasing, if the contract index is under 1 , what does that mean? A- The supplier will give you a discount off the base price. B- The supplier will not form a contract with you c. None of these. 4- Juice products, like those produced by The Fresh Connection, would mostly likely fit into which of the following forms of MPC? A- Repetitive B- Flow C-Project 5- Match the required level of communication with the customer with the inventory planning environment: (Make to order - Assemble to order - Engineer to order ) A- Low communication B- Medium communication C- High communication (-.........)

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