Question: make sure all the answers will be correct. Last time I got some wrong answers. Thank you True/ False 1. Seasonal product demand will remain
make sure all the answers will be correct. Last time I got some wrong answers. Thank you True/ False 1. Seasonal product demand will remain relatively stable throughout the year? True/False 2. If a trend is present using a moving average is an acceptable forecasting method ? True/ False 3. Demand forecasts help predict the sales and requirements of products and services in the future? True/ False 4. Exponential smoothing forecasting attempts to account for changes up or down in the demand for your product or service? True/ False 5. A way to measure error in your forecast is Mean Absent Error? True/False 6. Associative forecasting compares the changes to one or more independent variables ? True/ False 7. Forecasting in the service sector does not present any additional challenges ? True/False 8. When dealing with multiple products, aggregate planning focuses on all requirements for the products and does not break it down by each product? True/ False 9. Aggregate planning in service sector, it is critical to control labor costs? True/ False 10. Aggregate planning strategies must deal with changes in demand. One option is to vary the size of the workforce . True/False 11. The master production schedule is developed right after the forecast is completed? True/False Q&A 1. In service what input is most critical and why
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