Question: 5. In time-series analysis, it is assumed that demand can be broken down into components of average _________. tendency cycle episode none of the above
5. In time-series analysis, it is assumed that demand can be broken down into components of average _________.
| tendency | ||
| cycle | ||
| episode | ||
| none of the above |
6. The difference between actual and forecast demand is formally referred to as the forecast _________.
| difference | ||
| flexion | ||
| mean | ||
| none of the above |
7. In the moving average time series, we assume cycle components are present.
True
False
8. A cause and effect model between demand and other variables is a qualitative method used for as the causal forecasting method.
True
False
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