15).For a simple moving average forecast methodology, a larger number of samples, will make the forecast less responsive to changes in demand

True or False?

16).A weighted moving average methodology is better than a simple moving average when you are trying to assign values to periods that may be more representative of the business to help forecast future periods.

True or False?

20).A bias towards over-forecasting and under-shipping will create a cost hurt to the business.

True or False?

21).A bias towards over-shipping and under-forecasting can have negative implications to a business ability to meet its service goals and an outage from suppliers ability to meet our company's raw material needs.

True or False?