Please answer below questions $-$

Q$1)$

$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ is not a common method used in demand forecasting?

a$.$ Time series analysis

b$.$ Causal model analysis

c$.$ Market Survey

d$.$ Random Model

Q$2)$

Out of the followings, what is the main disadvantage of using qualitative method for demand forecasting?

a$.$ They do not consider external factors that may affect demand

b$.$ They are heavily dependent on historical data

c$.$ They are not objective and may be influenced by personal biases

d$.$ They are more complex and difficult to implement than other methods

Q$3)$

In AHP, what does the term $$pairwise comparison$$ refer to$?$

a$.$ Comparing two suppliers directly

b$.$ Evaluating criteria one by one

c$.$ Comparing alternatives in pairs based on criteria

d$.$ Assessing the overall supply chain performance

Q$4)$

What is the main objective of Interpretive Structural Modelling $($ISM$)$ in supply chain management?

a$.$ Cost reduction

b$.$ Real$-$time tracking of inventories

c$.$ Identifying relationships among variables

d$.$ Supplier Selection

Q$5)$

In TOPSIS method, what is the $$negative ideal solution$?$

a$.$ The alternative with the lowest overall score

b$.$ The alternative that is furthest from the $$ideal solution$$ point in decision space

c$.$ The alternative that is closest to the $$negative ideal solution$$ point in decision space

d$.$ The alternative with the highest overall score

Q$6)$

VIKOR method is used when ranking and selecting from a set of alternatives in the presence of conflicting criteria is required.

a$.$ True

b$.$ False

Q$7)$

Seasonality Index helps to seasonally adjust the actual demands in the time series.

a$.$ True

b$.$ False

$\_$Q$8)$

$\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_\_$ method is known as compromise ranking algorithm.

a$.$ AHP

b$.$ VIKOR

c$.$ TOPSIS

d$.$ ISM

Q$9)$

Which forecasting technique is suitable for short term predictions and considers recent data more heavily?

a$.$ Moving averages

b$.$ Exponential smoothing

c$.$ Delphi method

d$.$ Causal method

Q$10)$

In the context of demand forecasting, what does the term $$forecast horizon" refer to$?$

a$.$ The time period over which a forecast is made

b$.$ The total demand for a product

c$.$ The lead time required for production

d$.$ The fluctuation in demand over time